Profiling: A Strategy for Successful Volunteer Recruitment in Credit Unions.

Anne Marie Ward, Donal McKillop

Research output: Contribution to journalArticle

Abstract

Credit unions are non-profit financial organisations that provide financial services to their members. They are located in 97 countries across the world. All credit unions are governed by a volunteer board and many are reliant on volunteers for all their labour requirements. However, recruiting volunteers is a problem. The literature on recruitment issues in volunteering in general, suggests that the not-for-profit sector looks to the private sector for guidance on recruitment policies and approaches. One such approach which is considered in this paper is ‘market segmentation’ wherein the potential volunteer body is profiled to determine if an individual is likely to volunteer and if they are, to identify the type of role they are most likely to be attracted to. Prior literature on volunteering in non-profit organisations suggests that certain types of individual (dominant individuals) are more likely to volunteer. This paper investigates whether this dominant status profile is evident amongst volunteers in credit unions in Northern Ireland (NI). The study finds that people with dominant characteristics are more likely to be attracted to volunteering to the board of directors and individuals who have less dominant traits overall should be offered more social/participative type roles. This information can be used by credit union governing boards for volunteer recruitment, retention and management purposes.
Original languageEnglish
Pages (from-to)367-391
JournalFinancial Accountatility and Management
Volume26
Issue number4
DOIs
Publication statusPublished - 15 Nov 2010

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Profiling
Credit unions
Volunteers
Volunteering
Labor
Financial services
Nonprofit organization
Recruiting
Northern Ireland
Board of directors
Market segmentation
Private sector
Guidance

Keywords

  • volunteer resource management
  • dominant status
  • recruitment
  • succession
  • credit unions

Cite this

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title = "Profiling: A Strategy for Successful Volunteer Recruitment in Credit Unions.",
abstract = "Credit unions are non-profit financial organisations that provide financial services to their members. They are located in 97 countries across the world. All credit unions are governed by a volunteer board and many are reliant on volunteers for all their labour requirements. However, recruiting volunteers is a problem. The literature on recruitment issues in volunteering in general, suggests that the not-for-profit sector looks to the private sector for guidance on recruitment policies and approaches. One such approach which is considered in this paper is ‘market segmentation’ wherein the potential volunteer body is profiled to determine if an individual is likely to volunteer and if they are, to identify the type of role they are most likely to be attracted to. Prior literature on volunteering in non-profit organisations suggests that certain types of individual (dominant individuals) are more likely to volunteer. This paper investigates whether this dominant status profile is evident amongst volunteers in credit unions in Northern Ireland (NI). The study finds that people with dominant characteristics are more likely to be attracted to volunteering to the board of directors and individuals who have less dominant traits overall should be offered more social/participative type roles. This information can be used by credit union governing boards for volunteer recruitment, retention and management purposes.",
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Profiling: A Strategy for Successful Volunteer Recruitment in Credit Unions. / Ward, Anne Marie; McKillop, Donal.

In: Financial Accountatility and Management, Vol. 26, No. 4, 15.11.2010, p. 367-391.

Research output: Contribution to journalArticle

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