Sarah Ford | March 3, 2014

Modernizing Workplace Giving Because Millennials Want Us To

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I always learn a lot from talking with my peers at other companies, even if all I learn is that I鈥檓 not the only one struggling with certain problems. At a meeting recently, for example, I informally polled half a dozen workplace giving managers. They all said the same thing: 鈥淚鈥檓 raising more money, but fewer people are giving.鈥 This mirrors my experience at Wells Fargo, where our workplace giving campaign has doubled in five years鈥攆rom $42 million in 2009 to $89 million in 2013鈥攚hile the number of people participating has stayed flat at about 97,000.

Meanwhile, our campaign exhibits other characteristics typical to overall giving trends: older donors are giving more than younger donors, and fewer younger people are giving. For all the kerfuffle about engaging Millennials, I can鈥檛 believe this is a new trend. We should expect that the people with more ability to give would, on average, give more.

Years ago, if I鈥檇 looked at the donor rates at all, I鈥檇 probably have just shrugged and left it at that, content that we were sending tons more money to the community. But now we better understand听听community involvement and听; we know that听; and the nature of the workforce is changing with听, more听, and less听听补苍诲听. Plus, many of our biggest donors are looking at retirement in the next few years.

To a workplace giving program manager like me, all this looks remarkably like a pipeline that鈥檚 drying up. I can squeeze more money from my aging donors today, but if we鈥檙e not bringing young donors into workplace giving, where will our older donors come from ten years from now?

The knee-jerk reaction would be to ask myself, 鈥淗ow do I convince them to give through my campaign?鈥 I鈥檝e been advised to dive into social media because that鈥檚 鈥渨here Millennials live,鈥 to make our fundraising events and branding more 鈥渃ool鈥 and 鈥渇un,鈥 to create online games that will get Millennials鈥 attention. While these may all be good ideas, I think they鈥檙e red herrings.

The problem is that I am not in the business of running a workplace giving campaign. I am in the business of making it easy for Wells Fargo employees to help in their community. And that means this is not a problem of communications, branding, or messaging. It鈥檚 a problem of service. It鈥檚 a problem of modernization.

Really, Millennials want the same things anyone ever has. They want to help. They want to know their contribution is making a real difference. They want to be part of something bigger than themselves, and if they can have fun and be social while doing it, even better. Finally, they want convenience; who has extra, unused time on their hands? Not me, that鈥檚 for sure.

Then what听is听different today? Basically, the speed at which things happen.

In the past, an annual workplace giving campaign worked because people could think annually. Taxes are paid annually. Performance reviews and raises happen annually. Signing up for benefits happens annually. School starts and ends the same time every year. 鈥淎nnual鈥 works for planning.

But charitable giving is emotional鈥攚e give to causes and organizations we connect with鈥攁nd emotions are not easily planned out.听

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