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Wednesday, April 28, 2010

Cigna Donates $4.3 Million To Pay Workers For Volunteer Work

Cigna to provide workers 8 hours paid time off for volunteering

Philly.com

I have yet to get a press release from a company that says it will not be supporting a park clean-up or homeless shelter repainting.

Not a day goes by that some business doesn’t try to convince me or another reporter to write about its Haiti donation or soup-kitchen volunteer work.

You didn’t read about the thousands of Comcast Corp. employees that turned out for volunteer projects on Saturday’s Comcast Cares Day. Or last Wednesday, when more than 250 Aramark Corp. workers helped spruce up areas in North Philadelphia and Camden.

In fact, “free” volunteering almost seems to have become a routine cost of doing business.

Cigna Corp. really will be putting a “cost” on it because as of July 1, the Philadelphia health insurer will offer all employees up to eight hours of paid time off for volunteer activities per year.

If all 26,000 workers were to respond to the initiative Cigna will announce Wednesday, it would total 208,000 hours of donated time.

The Washington, D.C.-based Independent Sector estimates the 2009 value of a volunteer hour was $20.85, up from $20.25 in 2008. So the value of Cigna’s program would be up to $4.3 million.

Gianna Jackson, executive director of the Cigna Foundation, said the new program is meant to enhance what Cigna employees have been doing for years and encourage even more volunteering. More....

3 comments :

Solomon's words for the wise said...

A very generous move for a company that required my doctor to prescribe a cheaper medicine on my medicare drug plan. On top of that, I have to try to cut a tiny pill every morning with a razor blade because they decided they will only pay for one pill a day instead of the two I was prescribed. They are very generous with my money, but tight as Scrooge in fulfilling their contract with an individual subscribing to their drug plan.

Anonymous said...

These large companies don't have as much concern for the people they "help" as they do the publicity they're trying to get. I think it loses its integrity when a company does a good deed (a small one I might add) and then tries to get on TV or in the paper (or publishes on their website) and boasts, "LOOK WHAT WE DID!"

Anonymous said...

I worked at a company that banned its employees for donating to causes on their own. It we were made aware of to the company, we caught "HOLY HELL". They insisted we gave the money to our company and they made the group donation on our behalf.

Guess who got the credit and came out smelling like a rose.