An Employee Volunteer Program (EVP) is a solid investment. Julie Clugage from Team4Tech says she’s seen additional revenue benefits for companies trying to retain top millennial talent. “The cost benefit around recruitment and retention for the investment is cheap,” she notes. She points to one study indicating it costs $15,000 - $25,000 to replace a millennial employee. A small investment in a volunteer program can save a company thousands in retention alone.