RICHMOND, British Columbia, March 21, 2018 (GLOBE NEWSWIRE) -- Sage, (FTSE:SGE), the market leader in cloud business management, today announced that non-profits can now take advantage of its people solution with donated licenses to eligible organizations. As part of the company’s philanthropic mission, Sage Foundation will now donate two full admin user licenses for Sage Business Cloud People, plus 50% license contribution for all subsequent licenses for Sage’s HR and people solution to eligible non-profit organizations globally. This is in addition to the foundation’s existing commitment of 2% of colleague time available for volunteering (5 days, per year), up to 2% of Free Cash Flow in funding and additional donated product licenses.
This partnership will empower non-profits with the tools they need to keep employees engaged. According to a recent Sage survey of 3,500 employees, almost half of American workers (48 percent) have never been asked by their employer about areas that could improve workforce experiences, which can come with a hefty price tag. Disengaged colleagues cost the U.S. between $450 billion and $550 billion each year in lost productivity, but, according to Gallup’s global survey last year, companies with workers who are engaged are 21% more profitable than the bottom quartile.
“Focusing on your people is a smart way for both businesses and non-profits to boost productivity and drive success. We want to help organizations get more done by investing in their people. That’s why we are proud to join in Sage Foundation’s work,” said Paul Burrin, Vice President of Sage Business Cloud People. “Non-profits, and their employees, are an integral part of the workforce. These organizations and the people who dedicate their time to support them contribute social good and better us, and should be celebrated for the great contributions they make to the society at large. Sage is dedicated to helping these organizations by providing HR & People Management solutions to attract, retain, engage and get the best out of their volunteers and employees.”
This initiative comes on the heels of Sage Foundation’s November announcement of its Sage Foundation Enterprise Fund grants. Over the last year, the Sage Foundation Enterprise Fund gave over $1 million to facilitate the growth of small non-profits with exceptional, unique ideas.
“We have been fortunate enough to work with many exceptional non-profit organizations in Canada, being able to support their ability to deliver positive change in local communities means a great deal to all of us at Sage,” said Paul Struthers, EVP and Managing Director of Sage, Canada. “It is a privilege to be able to help these organizations by providing access to our technology and supporting them in fulfilling their visions in an effective and sustainable way. We hope through such efforts we can do our part in fostering a compassionate and inclusive environment for the non-profit community to succeed.”
To be eligible for a 50% license contribution, an organization must be in good standing in its country, be registered with the local TechSoup partner, and deliver programs aligned with Sage Foundation’s vision of a world where all people and communities thrive because they are living with economic stability and social equality. For more information and country specific guidelines, visit here.
Follow @sagefoundation for the latest from our community.
About Sage
Sage (FTSE:SGE) is the global market leader for technology that helps businesses of all sizes manage everything from money to people – whether they’re a start-up, scale-up or enterprise. We do this through Sage Business Cloud - the one and only business management solution that customers will ever need, comprising Accounting, Financials, Enterprise Management, People & Payroll and Payments & Banking.
Our mission is to free business builders from the burden of admin, so they can spend more time doing what they love – and we do that every day for three million customers across 23 countries, through our 13,000 colleagues and a network of accountants and partners. We are committed to doing business the right way and giving back to our communities through the Sage Foundation.
Press Contact:
Betty Tian
Sage
Office: 604-207-3611
Betty.Tian@Sage.com