We kept asking ourselves the economic value of the working time as volunteer. Points of Light Institute has come with the answer. They have created an on-line calculator that makes it possible. It estimates the appropriate wage rate for volunteer time based on what the person does, the value of specific tasks according to market conditions as reported by the US Department of Labor. Organizations can use the Calculator to determine the value of the time their volunteers give doing a wide variety of volunteer jobs. An American invention giving to think.
Added on: 20-09-2008
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