Employee volunteer hours

47‚000

Voya Financial employees have a long history of contributing time, talent and financial support to better the communities where we, and our customers, live and work. They foster a deep culture of giving. Through the Employee Giving Campaign (EGC), our robust volunteer programs and executive board placement program, employees are driving positive change. While employee engagement benefits the community, it also helps employees gain new skills, expand professional networks, gain fresh perspective, discover creativity and practice collaboration skills.

Employee Giving Programs

One vehicle for our employees to demonstrate their commitment to the community is our employee giving program, which kicks off with the Employee Giving Campaign (EGC). The campaign takes place in September of each year and and in 2017, Voya employees raised $4.2 million in one month alone, including the Voya foundation match. When employees contribute to a qualified charity, Voya Foundation matches dollar-for-dollar up to $5,000 per employee per year. 

This investment creates a meaningful difference in our local communities and reinforces our corporate value We Care.

Employee Volunteerism Programs

National Day of Service

National Day of Service (NDOS) is a company-wide program harnessing the greatest asset we have to share - Voya employees. Across the company, executives and employees have the opportunity to participate in a diverse array of community initiatives during NDOS. Whether it’s working on a team alongside colleagues or participating in an individual project, our unified contribution of time and energy on a single day has a significant impact on the communities where we live and work. In 2016, more than 3,500 employees volunteered over 13,500 hours during NDOS. In 2017, 59% of our employees volunteered over 13,000 hours during NDOS. In 2017, 100% of senior leadership participated in NDOS.

Volunteer Time Away

Each year Voya employees serve their communities — and enrich their own lives — by participating in the company's Volunteer Time Away program, which allows employees to volunteer for up to 40 paid hours per year during their normal work day.

Volunteer Matching Gifts

When an employee volunteers 50 hours or more on their personal time to an eligible nonprofit organization, Voya Foundation donates $500 to the nonprofit organization.

Volunteer Sabbatical Program

This year through a competitive nomination, application and colleague voting process, a selection of Voya employees were chosen to participate in an inaugural week long sabbatical project that supports Voya Foundation’s giving priorities. Employees volunteer their time to support community needs.

Employee Volunteer Program Results¹
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Employee Volunteer Program Results

  2015 2016 2017
  Volunteer Hours Volunteer Participation Rate Volunteer Hours Volunteer Participation Rate Volunteer Hours Volunteer Participation Rate

National Day of Service

11,460

46%

13,567

54%

13,379

59%

Year-round Volunteerism

32,116

56%

35,464

65%

33,977

75%

Total

43,576

N/A

49,031

N/A

47,3562

N/A


1 Reported totals do not include administrative hours, time devoted by employees to plan, coordinate and manage volunteer events.

2 Voya’s employee population decreased from 2016 to 2017, which we believe accounts for the decrease in volunteer hours. The participation rate, however, increased, which is a testament to our culture and the enthusiasm employees have for giving back to the communities where we live and work.

Employee Engagement Target and Results³
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Employee Engagement Target and Results

  2017 2018
  Participation Rate Target Participation Rate Result Dollars Raised Participation Rate Target Participation Rate Result
      By Employees Foundation Match Total    

National Day of Service

100% leadership4

100% leadership4

N/A

N/A

N/A

100% leadership5

97% leadership5

55% employee base6

59% employee base6

N/A

N/A

N/A

60% employee base6

63% employee base6

Employee Giving Campaign

60%

68%

$2.3M

$1.9M

$4.2M

To occur in September

To occur in September


3 Year-over-year data for Employee Giving program results is not included because the program year (duration) was changed and therefore results would not be comparable. From and including 2018 going forward, we will report year-over-year data.

4 Leadership includes the former Leaders Council, which, at the time, comprised the top 85 leaders across the company.

5 Leadership includes the Enterprise Leadership Team, which comprises the top 35 leaders across the company with a focus on growing the business and driving revenue.

6 Employee base includes all full- and part-time, permanent employees including leadership.

Executive Board Placement Program*

This inaugural program, designed to further our community impact, provides opportunities for select Voya executives to serve on nonprofit boards in their local communities. The initiative is mutually beneficial by providing nonprofits with business expertise and promoting deeper connections to the communities where Voya offices are located. 

Leaders placed on nonprofit boards of directors

33

*Status as of December 1, 2017