Strengthen employee wellness with charitable emergency payments
Strengthen employee wellness with charitable emergency payments
Canary designs, hosts, and manages Grant Circle, a 3rd-party employee relief fund solution for organizations of any size. We offer HR and Benefits teams a low-lift, high-impact solution for reducing employee financial stress and supporting employee financial wellness initiatives.
Together, let’s give your work community access to critical financial support in times of crisis.
It’s Not Just Good People Sense. It‘s Great Business Sense.
Investing in an employee relief fund is a smart people decision that solves a common root cause of poor employee well-being: financial instability. Access to dignified, equitable emergency payments gives employees a resource they both want and need today.
Help your people get back on their feet and their minds off their money with Grant Circle, Canary’s employee relief fund.
The right money at the right time matters when:
- 63% of Americans live paycheck to paycheck and over 60% of households experience a financial hardship each year.
- 49% of employees struggle to afford household essentials each month.
- Over 65M Americans can’t afford a $400 unexpected expense.
- 73% of financially stressed employees say they would be attracted to another employer that cares more about their financial well-being.
People are struggling financially and looking for employers to help beyond traditional benefits. These struggles cause tremendous stress that distract employees from work. With Grant Circle, your company can offer direct help during sudden, destabilizing emergencies.
It’s more cost-effective to offer a tangible solution in the face of financial hardship than to deal with the financial fallout of unresolved financial stress.
Employee relief matters for the bottom line
- 4 work weeks are lost to a financially stressed employee dealing with personal finances.
- It costs more than $7k to replace an employee that quits due to financial crisis.
- Companies lose $4.7B/week in productivity due to employee financial stress.
Be there for your team when they need you most.
Work with Canary to ensure your employees have their fastest path to emergency payments in times of crisis with Grant Circle, our expert 3rd-party employee assistance fund. We partner with organizations every step of the way, launching an employee relief fund that meets the unique needs of your work community. Grant Circle will help:
Reduce turnover
72% of employee relief fund recipients are more likely to stay with their current employer.
Increase attraction rates
73% of financially stressed workers say they leave for another employer that cares more about their financial wellness.
Enhance employee experience
4 months after receiving a grant through Grant Circle, financial stress of recipients fell 43%.
Reduce absenteeism
Workers stressed about their finances are absent from work 2x as often as workers who are not stressed.
Become a great place to work.
Over 90% of Canary survey respondents agree the employee relief fund makes them feel better about working for their employer.
A solution for improved employee well-being, built to support your entire team.
Let Grant Circle, powered by Canary, support employee financial stability while fast tracking crisis response, reducing internal management, and addressing a primary cause of reduced productivity and lost cost: employee financial stress.
Maximize your employee financial wellness budget
See financial instability for what it is: a major root cause of workplace stress and address it head-on. An employee relief fund is a low-risk, high-reward investment to improve productivity and save the bottom line.
Be there for your team when it matters most
Discover why people leaders across industries outsource employee relief funds. Canary designs, hosts, and manages hardship funds for organizations of any size to address the biggest challenge facing workers today: their financial stability.
Elevate your benefits to meet real needs of workers
An employee relief fund, like Canary’s Grant Circle, is a crucial piece of a modern compensation package. Providing emergency financial help during crises creates an attractive, well-rounded offering for the modern workforce.
Invest in your work community’s financial health
An increasingly larger set of younger employees places great value on working for values-based companies. Not only that — these same employees want to see their employers uphold those values by supporting employee financial wellness for them and their colleagues.
The impact of an employee relief fund in their words, not ours.
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Canary's Employee Relief Fund Featured In the News
A Canary in the coal mine for employee financial wellness
The “canary in the coal mine” was an innovative early warning system that let coal miners know there was danger in the air, giving them the time to escape safely.
We chose the name Canary because we aim to do the same for modern day workers by connecting the latest technology and payments innovations to the innate and enduring human desire to help each other. The core tenants of this work are:
- Protecting Workers: Charitable payments help address employee financial stress before it escalates into larger problems.
- Identifying Workplace Trends: Data on the usage of a companies employee relief fund can help identify underlying issues that cause employee financial stress.
Ready to see the impact of employee relief in the workplace?
Learn why the HR and Benefits teams at Ocean Spray, Visionworks, Clear Channel Outdoors, and more know employee well-being starts with reducing employee financial stress and investing in their financial stability.
