Our employees are able to make donations or give time to their favourite charities, and we offer key mechanisms to encourage this as part of their employment at Legal & General.
Give As You Earn Scheme (GAYE): A tax efficient, company assisted way of giving money to charity. Legal & General matches up to the first £25 of monthly contributions and covers all administration costs. Employee donations are made before tax. 13.6% of our employees regularly participate and just under £598,389 has been donated to charities in this way.
Sponsorship Matching Scheme: Supporting our employees in their charitable fundraising is a key part of the Legal & General Community Involvement programme. We match each employees’ fundraising up to £750 per annum and just under £814,492 was generated under the scheme in 2008.
School Governors’ Scheme: We encourage our employees to become school governors by making an annual donation of £750, which includes £250 towards a specific programme to develop maths teaching or financial literacy, to their school. In 2008 Legal & General school governors contributed to the Business in the Community research on the State of School Governance.
Employee Volunteering: In 2008 we provided the equivalent of 866 days of volunteering across our locations. We use partner organisations such as BITC, CSV and Three Hands to help source projects, which are making a grass roots difference to communities.
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