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HR 101: The history of VTO

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Welcome to HR 101. Class is now in session. Today’s discussion is about paid volunteer time-off (VTO).

The history. Wells Fargo claims to be the first big bank to offer its employees paid VTO, introducing the initiative in 1976. It was a relatively novel idea at the time, but one the organization felt would not only benefit the community it served, but its employees.

Since then, other employers have slowly adopted their own VTO policies. In 2002, 19% of employers offered paid VTO, according to SHRM data shared with HR Brew via PR rep Anne Sparaco. By 2023, that number had reached

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