Volunteer Replacement Cost Calculator
Use the Volunteer Replacement Cost Calculator to calculate how much an organisation would have to spend to replace volunteer contributions.
The Value of Volunteering
- Using the calculator
Enter the number of hours all volunteers work in your organisation by age cohort. If you are unsure of a volunteer’s age, enter their hours in the ‘all ages’ row. - Methodology
The replacement cost of a volunteer is calculated using the average hourly part-time wage of a person of their age in Queensland*, plus 15% employer on-costs (inclusive of superannuation, payroll tax and administrative expenses). - Compliance
This calculator is fully compliant for organisations reporting the fair value of volunteering under the Australian Accounting Standard (AASB1058) Income of Not-for-Profit Entities. Read more
* If you are a national organisation or working with volunteers across multiple states and/or territories, please note that each state and territory has its own hourly replacement cost.