Deutsche Bank's salary donation scheme clicks with staff
Deutsche Bank's Donate One Day initiative has raised $1.4m for charity
Published on Jun 9, 2014 8:39 AM
With just a click, employees at a bank here can donate part of their salaries - ranging from one to 30 days - to charity.
If one earns $5,000 a month and gives a day's wages, this means more than $160 is donated in seconds.
The Singapore branch of Germany's Deutsche Bank started this Donate One Day scheme in 2010 and support has grown since. Last year, $435,000 was raised by 370 staff members, or a fifth of the bank's team here. That was nearly thrice as much as the $153,000 raised in 2010 by 90 of the bank's employees.
It is easy to donate: Staff get an e-mail about the fund-raising drive, usually in September. They click a link, give their details, and decide how many days of their salaries they want to donate.
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