Work out volunteer hours value instantly with clear inputs, formula shown and shareable results.
Total hours are hours each times the number of volunteers, valued at the published rate, and the full time equivalent divides by 1,820 working hours a year. Stating volunteer effort as an FTE figure is what makes it comparable with paid staffing in a grant application or annual report.
Contribution value
value = hours each x volunteers x value per hour
FTE equivalent
FTE = total hours / 1820
value = hours each x volunteers x value per hour. Total hours are hours each times the number of volunteers, valued at the published rate, and the full time equivalent divides by 1,820 working hours a year.
Stating volunteer effort as an FTE figure is what makes it comparable with paid staffing in a grant application or annual report.
Enter volunteer hours contributed, value per volunteer hour, number of volunteers. The defaults shown are a realistic worked example — swap in your own figures to get a result you can use.