Pioneers Volunteer Time Gains in Value
The time Pioneers invest in the community has increased in value to $17.19 per hour, according to statistics compiled by the Independent Sector. The value of volunteer time is based on the average hourly earnings of all non-agricultural workers as determined by the Bureau of Labor Statistics. Independent Sector takes this figure and increases it by 12 percent to estimate for fringe benefits. In 2002-03, when the value of the volunteer hour was $16.54, Verizon TelecomPioneers contributed more than $35 million worth of service to communities throughout the United States.