For businesses, volunteerism may play a key role in helping attract, retain and develop skilled talent, as well as growing tomorrow’s leaders. Businesses may want to consider implementing their own volunteer programs if they do not already have them in place, as well as doing more to communicate the value they place on volunteering to potential and current talent.

According to the results of Deloitte’s 2016 Impact Survey, businesses and individuals may be undervaluing the benefits of volunteerism. From engaging talent to creating more competitive résumés, volunteering may have an impact on the success of an individual and an organization.