Estimated Volunteer Hours Contributed Report
Estimated volunteer hours contributed by Minnesota citizen review panel members in 2007 are 1,305 hours.
This estimate is based on the number of panel members, the hours of meetings attended and an estimate of time each panel member spent on work outside of the monthly meetings. This is a low estimate of hours contributed because many more unreported hours were spent in outside committee work, writing reports, recruiting panel members and other panel related activities.
The latest available estimated dollar value of volunteer time for 2006 by the Independent Sector is $18.77 per hour.
According to the Independent Sector’s Web site, “It is very difficult to put a dollar value on volunteer time. Volunteers provide many intangibles that can not be easily quantified. For example, volunteers demonstrate the amount of support an organization has within a community, provide work for short periods of time, and provide support on a wide range of projects.”
The above value of volunteer time is based on the average hourly earnings of all production and non-supervisory workers on private non-farm payrolls (as determined by the Bureau of Labor Statistics). Independent Sector takes this figure and increases it by 12 percent to estimate for fringe benefits.
Hours and the value of the hours contributed in 2007:
1,305 hours X $18.77 per hour = $24,494.85. Thank you, volunteers with Minnesota’s Citizen Review Panels!