Table 1 Definition of value of volunteering in the “volunteering onion” (Fig. 2)
From: The value of international volunteers experience to the NHS
Current models | |
|---|---|
Labor input | Number of volunteers |
Economic Value | Replacement theory: the value of the labor input - VIVA: The Volunteer Investment and Value Audit [30] - ILO Manual on the measurement of volunteer work [31] |
Private value | Well-being theory: the value of increased life satisfaction, including learning, achievement and personal health [17] |
Social value | Social capital theory: benefits derived from formal opportunity structures or activities where individual actors develop social ties and social networks |