Challenge Your Employees to Go Pro Bono

A Lesson from Morgan Stanley
Oct 24, 2014 3:05 PM ET

Challenge Your Employees to Go Pro Bono: A Lesson from Morgan Stanley

It’s Pro Bono Week 2014! Join us in celebrating the amazing volunteers who donate their professional skills to great causes. Today’s featured company: Morgan Stanley.

Morgan Stanley doesn’t just encourage its employees to volunteer. It challenges them. The Morgan Stanley Strategy Challenge pairs some of the company’s best workers with 12 nonprofits for eight weeks. During this time, the groups work together to assess and improve the nonprofits’ business and financial strategies. The final result is a plan complete with tangible next steps and tools for future success. The results are invaluable, but if you had to put a price on it, it would be… $6.8 million. This five-year total is equivalent to 45,000 hours of pro bono work.

But it’s not just the nonprofits that benefit. Morgan Stanley employee David Kosh, who participated in the program in 2013, claims the experience was “eye-opening, educational and inspirational”. He learned about the nonprofit sector, gained professional connections, and improved his own skills. Pro bono work, along with other types of volunteering, is truly a win-win arrangement.

Want to be the next Morgan Stanley in terms of pro bono excellence? Visit VolunteerMatch Solutions to learn how to get your company’s employees volunteering.