{"title":"Value of volunteer service rises to $34.79/hour in 2024","authors":"","doi":"10.1002/ban.31820","DOIUrl":null,"url":null,"abstract":"<p>The latest analysis of U.S. economic data conducted by the Independent Sector pegs the average value of volunteer service in 2024 at $34.79, up 3.9% from the prior year's $33.49 per hour and the $31.8-per-hour estimate for the year before. According to the IS data, this continues a years-long trend of sizeable increases, going back to 2018 when the value of volunteer service jumped by 7.4%. It also outpaces the rate of inflation in the overall economy, the researchers said.</p>","PeriodicalId":100192,"journal":{"name":"Board & Administrator for Administrators Only","volume":"41 11","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2025-06-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Board & Administrator for Administrators Only","FirstCategoryId":"1085","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1002/ban.31820","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
The latest analysis of U.S. economic data conducted by the Independent Sector pegs the average value of volunteer service in 2024 at $34.79, up 3.9% from the prior year's $33.49 per hour and the $31.8-per-hour estimate for the year before. According to the IS data, this continues a years-long trend of sizeable increases, going back to 2018 when the value of volunteer service jumped by 7.4%. It also outpaces the rate of inflation in the overall economy, the researchers said.
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