April 10, 2014 Volunteer Value for FY 2014 = $22.55
The FY14 figure for the value of service per hour of volunteers is $22.55. When entering
FY14 volunteer data in OMBIL, this value will be auto-calculated for you.
The value of
volunteer time is based on the average hourly earnings of all production and nonsupervisory
workers on private nonfarm payrolls (as determined by the Bureau of Labor Statistics).
http://www.independentsector.org/volunteer_time Please note that the value for the
current year is determined by the previous year's data... so if you check out the BLS website
it says FY 2013 = $22.55, which is the figure we use for the following year (FY 14). It's a bit
confusing, but just note that this is standard practice across all of the federal agencies.