As part of their corporate social responsibility policies many companies engage in community and national initiatives - identifying both charities that can make a difference and mechanisms to support those causes that engage their employees.
A lottery is an ideal way to raise funds for your chosen charity, as players can give to the charity while giving themselves a chance of winning a worthwhile prize for a modest outlay. This chance of winning a prize means that the lottery is not simply another ask. Payroll lotteries can also raise money for staff welfare, a great incentive for employees to get involved.
A payroll lottery not only has the potential to raise significant amounts of money for your chosen charity, but these funds can be raised in a consistent and predictable way, which can be beneficial both to the company and your chosen charity in terms of sustainable fundraising.
What are the benefits ?
| For the Company |
A payroll lottery is a great way for a company to demonstrate commitment to the causes that you and your employees care about. A payroll lottery can be extremely effective and mutually beneficial way to raise funds and increase your company's profile while being self sustaining once it is set up.
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| For the Charity |
Payroll lotteries provide charities with regular, reliable donations that allow them to plan ahead and budget for the future. By setting up a payroll lottery you can generate a vital income stream to your chosen charities.
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| For your Employees |
A payroll lottery is an easy way to give and gives the employee a prize incentive. The system is easy to opt in and out of, giving the member full control over their giving. They set their own limit on the amount they want to give. The Gambling Commission reported that in 2007 the average profit from a society lottery was 53% of proceeds. However, the figure of 53% covers a wide range of lotteries - using Sterling's services and expertise we would expect a higher profit margin, particularly as a lottery increases in membership.
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What are the options?
| Run your own lottery |
| You can run your own lottery using our Vanguard Payroll Lottery Admin Service for further information please click here to download a sample player leaflet click here |
| Run a Unity Lottery |
| You can a set up Unity Lottery, which provides you with an alternative to setting up your own lottery. You do not need to involve your payroll department as employees can pay via direct debit or cheque. For further information please click here |
To request a brochure please click here