State Bank & Trust Gives Employees Money to Donate to Their Favorite Charities

The best incentive State Bank & Trust ever dreamed up had nothing to do with putting money in employees' pockets. Instead, it was about raising community awareness and compassion, with an exercise that left many of the 500-plus employees overcome with emotion.

At last December's company party, the Fargo, N.D., bank awarded each of its full-time employees $1,000 ($500 for part-timers) to donate to a company-approved charity. They were prohibited from giving to their families or co-workers, and had a June 30 deadline to pick their recipients. At that point, employees in this Pay It Forward Challenge began documenting their good deeds with a video camera they got to keep. (The program didn't replace other benefits. Employees still received their regular year-end bonuses, and the company contributed 15 percent of their annual salaries to a profit-sharing plan.)

“One of our core values is giving back to the community where we serve, so this was a way of doing that through our employees,” says Julie Peterson Klein, State Bank's human resources manager, who co-organized the Pay It Forward Challenge.

The grateful — and often tearful — employees uncovered a bevy of individual and community needs. One employee offered her check to a struggling young widow. Another gave $1,000 to an Iraqi refugee family. Other checks purchased DVDs and DVD players for a local cancer ward. About 25 employees partnered with a local church and other donors to buy more than 200 beds for the needy. In addition, employees donated more than $35,000 out of their own pockets to their causes.

Never, says Peterson Klein, did State Bank executives discuss how the Challenge would benefit the bank. Still, the institution has been showered with glowing national and even international publicity, and many existing and prospective customers were moved by the bank's gesture. At one branch alone, about 50 people reportedly called wanting to open a State Bank account.

Peterson Klein acknowledges the Challenge boosted esprit de corps, pride, teambuilding, and networking among employees. “I get goose bumps just talking about how it has brought together people from different departments,” she says. “When you watch those videotapes and see all the people our employees helped and the nonprofits they've made a connection with, that's just priceless. It changes your life. You become a little more giving, a little more caring, and a little more compassionate.”

Click Here for a TD

Until you figure out how to clone your staff, freelance travel directors are often a must for pulling off the big events. At the International Network of Travel Directors Web site, you can now search for a TD by location, areas of expertise, hourly or daily rate, and how far he or she is willing to travel from home. In mid-September, there were 228 INTD member profiles listed for you to consider.

If you'd rather have the TD find you, the site has an online job listing section, where meeting organizers can list what sort of TD skill set they are looking for, and where and when the event will take place. For more, go to intdonline.com.

RSS Share

Want to use this article? Click here for options!
© 2012 Penton Media Inc.


Acceptable Use Policy
blog comments powered by Disqus

Search 125,000+ Venues

Search Meeting Space

Find Event Venues with Cvent

The Meeting Planning Blog

Face2Face Latest Posts

Sign Up for Our Free E-Newsletters



Meetings Collaborative

Rate your experience with meeting venues and suppliers.

Facility / Hotel

 
Powered by: Meetings Collaborative
Aega Awards

Latest Webinar

Beyond Marketing: What Else Social Media Can Do for Your Meetings
Thursday, May 24 | 2-3 p.m. EST

Most associations know that online social networks can be handy tools to spread the word about their meetings and events. But social media can do so much more than market. Our social media expert will uncover ways you can leverage social media to discover the educational content your members are craving, engage and energize your community, build relationships, and even simplify your meeting processes. Register Now!

VIEW ALL ARCHIVED WEBINARS

Recent Comments

Powered by Disqus

Back to Top

Explore Our Newsletters

On Corporate Meetings & Incentives


Meeting Planner Survival Guide

Whether you're a novice planner or a veteran, this compilation of must-read articles is your meeting planning resource.

Must-See Meeting Files

Visit the MeetingsNet expert-advice site, where we’ve got top meeting pros on camera answering a variety of your questions as well as a collection of educational—and sometimes offbeat—editors’ pick lists — from the top tech tools to the best books for meeting professionals.

Suppliers/
Facilities/CVBs

MeetingsNet makes it easy to find the CVBs, tourist boards, and facilities you need for your next meeting.

Deal Finder

Special offers brought to you by MeetingsNet.

Find A Job

Targeted to all aspects of the hospitality and special events industry.

SMM PORTAL

Your source for Strategic Meetings Management info and intelligence

Facebook   Twitter   LinkedIn   RSS Feed

Inside Current Issue

May 2012

April 2012

March 2012

February 2012

January 2012

Browse Back Issues