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Money talks: ascribing a dollar value to voluntarism in Australian and New Zealand U3As
Author(s)R Swindell, K Vassella
Journal titleAustralasian Journal on Ageing, vol 18, no 1, February 1999
Pagespp 19-22
KeywordsVoluntary work [elderly] ; U3A ; Costs ; Australia ; New Zealand.
AnnotationThe value of voluntary work by older people tends to be taken for granted or overlooked entirely by many in society. This study aimed to ascribe a dollar value to voluntary activity in Australian and New Zealand Universities of the Third Age (U3As). Questionnaires were sent to administrators of all U3As in Australia and New Zealand asking them to itemise and quantify every activity carried out by volunteers in their organisations. Hours were totalled by country and, using a notional value of $1o per hour, an overall dollar worth was calculated. Findings showed that the value of U3A voluntarism in Australia is more than $4 million annually. For New Zealand, the value is more than $300,000. The study concluded that a monetary equivalent should be calculated for voluntarism and the real value included with other measures of national productivity. (AKM).
Accession NumberCPA-990716210 A
ClassmarkGHH: V5A: WC: 7YA: 7YN

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