They also provide grants in the instance

From a social perspective, companies such as Netflix and Spotify offer benefits to support their employees and families.

Netflix offers 52 weeks of paid parental leave to the birth parent and non-birth parent (which includes adopted children). This can be taken at any time whether it is the first year of the child’s life or another time that suits their needs. This compares to a median of 18 weeks at other major tech companies.

Spotify offers a similar program, although for a shorter duration of 24 weeks of paid leave but employees can take parental leave until their child is three years of age. The program also allows employees one month of flexible work when they return to help transition from being a full-time parent to a full-time employee.

When it comes to social causes, Netflix and Spotify use their social media platforms to show support for movements such as Pride Month, environmental sustainability, and Black Lives Matter. Netflix sets an example of how to target – and appeal to – niche and minority audiences through clever social media. Its channel ‘Strong Black Lead’ is just one example.

The Pfizer Foundation was established in 1953 and its goal is to “help build healthier communities around the world”. To do this it supports community-based innovations and safety net healthcare providers, promotes whatsapp data health equity and enables equitable access to vaccines.

They also provide grants in the instance of natural disasters such as Haiti in the aftermath of Hurricane Matthew and the global refugee crisis in Europe and the Middle East. This money is provided in cooperation with NGOs to reach as many people as possible.

Through Pfizer’s Global Health Innovation Grants program, $100,000 is provided each year to twenty organizations to drive solutions to address vaccine-preventable illnesses in their communities. The North Star Alliance in Uganda is one grant recipient.

Wells Fargo donates up to 1.5% of its revenue to charitable causes each year to more than 14,500 nonprofits through philanthropy such as food banks and incubators (plant science and renewable energy) to hasten the speed to market for start-ups.

A recent ‘Housing the trap of generic agencies and traffic managers Affordability Breakthrough Challenge’ was established by Wells Fargo to address the housing affordability crisis in America. Winners of the challenge received between $2 to $3 million along with support from peers and industry experts to scale new strategies to make homes more accessible and affordable.

The company also collaborated with Team Rubicon to train veterans to rebuild homes. A $750,000 grant will help to give veterans trade skills such as contracting, electric, and plumbing to use in their communities.

TOMS’s mission was to donate a pair of shoes for every pair they sell and this has resulted in the donation of over 95 million pairs of shoes to children in need. However, the company faced criticism for creating a dependency global seo work on free shoes and collapsing local shoe-making industries.

As a result, TOMS re-evaluated its strategy. Instead of focusing on free shoes, the company now donates one-third of its profits to grassroots campaigns in the areas of mental health, access to opportunity, and ending gun violence.

“We learned that giving shoes, sight, and safe water for over a decade was an amazing start— the right start — to creating meaningful change. But, the decision to give impact grants instead will enable our community to do even more. Rather than giving shoes, we’re giving 1⁄3 of our profits. In other words, $1 for every $3 we make, which is about as much as a company can give while still keeping the lights on.” – TOMS Impact Report.