By providing a single address, everyone can see the average amount donated per person, and know how many people didn't donate. Using additional information, it might become possible to make educated guesses about who gave how much. Now, not only you and the boss, but EVERYONE has information about the donations.
Better would be to print out enough donation addresses so there is one for each employee. Then cut up the paper so that there is only one address per piece. Turn then face down so nobody knows what address anybody else gets, and let everyone choose randomly.
Now nobody other than the recipient knows exactly how much each person donated.
Of course, privacy comes at a cost of security. It is now possible for the person making the collection to lie about the amount that they received, skimming a bit off for themselves. The group can decide if they want the list of donation addresses to be public or not.