Time Is Money: How to Measure the Value of Volunteers - Measuring Up - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

Time Is Money: How to Measure the Value of Volunteers - Measuring Up - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: According to the International Labour Organization’s Manual on the Measurement of Volunteer Work, people are far more generous with their time than with their money: The total amount of time people give to nonprofits globally is worth double what they give in cash donations. Volunteers are such an integral part of the labor market that without a good grasp of the value of their work, charities have a limited understanding of this important resource and may not make the most of it. As the manual states, “What is not counted cannot be effectively managed.”