Bloomington, IL,
27
March
2018
|
11:35 PM
America/Chicago

New State Farm® survey reveals generation can positively impact volunteerism.

Volunteering Game Changer: Millennials

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A new study released by State Farm® reveals key insights into what motivates people to volunteer. While the survey included all generations, the most surprising results came from Millennials (ages 18-34).

A deep dive into this generation finds two distinct groups: those who are starting out (younger Millennials) and those who are married, have kids, or own a home (older Millennials). According to the study, only 23 percent of younger Millennials currently volunteer, compared to 46 percent of older Millennials.

These findings are noteworthy when considering national trends. Millennials now surpass Baby Boomers as the largest generation in the United States.* As a result, they have the biggest potential to influence volunteerism.

Here’s what motivates Millennials to volunteer:

  • Get social: According to the study, digital communication is key. Fifty-eight percent of Millennials surveyed visited a website to learn about volunteering, (a rate that declined significantly with each preceding generation).

  • Opportunities nearby: Forty-four percent of older Millennials and 34% of younger Millennials agree, they’re more likely to get involved if the organization or non-profit is close to their home or job.

  • Show the impact: People want to know their work was worth it. Forty-three percent of older Millennials and 34% of younger Millennials say seeing the impact of their time and talent reaffirms their commitment to give back.

  • Career development: Forty percent of older Millennials and 35% of younger Millennials said offering opportunities to help their career or job search would boost their willingness to volunteer.

  • Knowledge is power: The prospect of gaining expertise in a certain area or learning a new skill inspires more people to get involved. Forty percent of older Millennials and 31% of younger Millennials say this opportunity would make them more likely to volunteer.

  • The more the merrier: Both groups agree, being able to participate with friends (44% older Millennials, 35% younger Millennials) or meet new people (28% older Millennials, 22% younger Millennials) plays a large role in their decision to volunteer. In fact, one in five Millennials reported finding a significant other through volunteering!

To share volunteer opportunities, or find ways to give back, visit NeighborhoodofGood.com® for more information.

About the Survey

In November of 2017, State Farm conducted a study on volunteerism to identify those most likely to volunteer as well as the conditions or situations where volunteerism rates are highest. State Farm surveyed approximately 3,100 U.S. adults aged 18 and older and weighted the data to match proportions in the U.S. by generation: Millennials (18-34), Generation X (35-50), Baby Boomers (51-70) and the Mature Generations (71+). This study follows a survey conducted the previous year that provided insights on how to inspire and cultivate volunteerism.

*Source: Pew Research Center tabulation of U.S. Census population projections released December 2014 and 2015 population estimates.

About State Farm®:

The mission of State Farm is to help people manage the risks of everyday life, recover from the unexpected, and realize their dreams. State Farm and its affiliates are the largest providers of auto and home insurance in the United States. Its nearly 19,000 agents and approximately 65,000 employees serve approximately 83 million policies and accounts – approximately 81 million auto, fire, life, health and commercial policies and approximately 2 million bank accounts. Commercial auto insurance, along with coverage for renters, business ownersboats and motorcycles, is available. State Farm Mutual Automobile Insurance Company is the parent of the State Farm family of companies. State Farm is ranked No. 36 on the 2018 Fortune 500 list of largest companies. For more information, please visit http://www.statefarm.com.