Workplace Giving
Workplace giving is a great way to support GIVIT in connecting generosity with genuine need
Workplace giving can include (but not limited to) payroll giving, volunteering and fundraising.
Workplace giving allows staff to either donate a portion of their pre-tax salary on a regular basis, volunteer their time and fundraise in their workplace. Companies can then choose to match donations and double their impact for people in genuine need.
For Businesses
Implementing a workplace giving program is a great way to breathe life into your organisational culture and values.
The benefits
1. Increased employee engagement
Workplace Giving is a proven tool for increasing staff retention, loyalty, and engagement. It's a great way to show your employees that your business cares about their values and community.
2. Easy and effective
Giving at work delivers sustained, low-maintenance and cost-effective funding to GIVIT, enabling us to deliver on our mission to positively connect communities.
3. Brand Reputation
A Workplace Giving program is a simple and effective way for your business to demonstrate a genuine connection and commitment to the community and may provide a point of differentiation between you and your competitors.
How to set up workplace giving
You can set up your Workplace Giving program internally by scheduling a regular bank transfer to GIVIT that coincides with your pay cycle.
Paying via bank transfer means we receive 100% of the donations, and you can utilise your current HR or payroll platform.
Please get in touch with us by emailing info@givit.org.au for a unique reference to use when making the donation to ensure we know who it's from.
Also note the default for any Workplace Giving will be towards where it's needed most, unless you specify what appeal you'd like the donation to go towards before the donation is made.
For more information, we suggest visiting the ATO website or Workplace Giving Australia.
Using an existing built-for-purpose platform provides an accessible and easy set up process for your payroll team and staff. Staff are able to create accounts, choose a charity and donation amount, and manage their contributions themselves. There are several platforms you can use, including Good Company, Benevity, Catalyser and Good2Give. However, the use of a third-party platform does incur a fee, unlike bank transfers.
For Individuals
Want to make a difference while you work? Workplace Giving is a simple and smart way to support GIVIT and people in genuine need.
We’ve put together a list of why giving at work is awesome and why you should consider giving it a crack!
How to get started
Check in with your HR or payroll team to see if they have an existing Workplace Giving program, then simply nominate GIVIT as your charity of choice and let them know how much you’d like to donate each pay cycle.
If your workplace does not already have a program set up, you can refer them to this site or ask them to get in touch with us to chat.
FAQs
Every workplace is different, but if your employer is happy to facilitate it, you can make occasional or one-off payroll deductions that are not part of a regular payroll donation.
There are many ways you can process payroll giving, either through a direct bank transfer or through using a third party platform. In either case, you will need to keep records of the amount donated on behalf of each employee and advise them in writing of the total amount donated at the end of the financial year.
When you donate directly through your salary, you receive the tax benefit immediately and the donation is recorded on your payslip, meaning there's no need to keep receipts for donations made through payroll giving.
At the end of the financial year, your employer will include the total amount you donated in your payment summary, or provide you with a letter or email. Your income statement, payment summary, or other written statement from your employer showing the donated amount, is sufficient evidence. You do not need to have a receipt.
The payroll giving platform, Good2Give, has a handy donation tax calculator that estimates how much a donation from each pay (or a generous one-time donation) will save you in tax and actually cost.