Canary’s Grant Circle is a fully managed, 3rd-party emergency relief fund that delivers fast, tax-free financial assistance to employees in crisis without burdening your HR team.
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Tune in as Tara Sperandio of Boston Beer, Keri Gannon and Sara Vaughan of Ocean Spray, join Canary Founder & CEO, Rachel Schneider, as they share how they champion financial well-being in the workplace.
They recognized that parts of their workforce were inevitably struggling financially and needed help that traditional benefits didn’t provide. Their employees needed a financial lifeline and they decided to do something about it.
It doesn’t just make great people sense. It makes even better business sense.
72% of employee relief fund recipients are more likely to stay with their current employer.
73% of financially stressed workers say they leave for another employer that cares more about their financial wellness.
4 months after receiving a grant through Grant Circle, financial stress of recipients fell 43%.
Workers stressed about their finances are absent from work 2x as often as workers who are not stressed.
Over 90% of Canary survey respondents agree the employee relief fund makes them feel better about working for their employer.
of Americans live paycheck to paycheck.
average size of the financial shocks individuals face.
of employed individuals struggle to afford necessities each month.
experience a financial shock each year.
can't cover a $400 emergency expense.
Canary grant recipients said they skipped meals.
We partner with organizations to launch a platform for emergency assistance grants that meets the needs of their community. Grant Circle, powered by Canary is the best emergency relief solution.
Make it easy: Our streamlined 8-step application process ensures individuals in crisis receive help in a timely manner.
Maintain trust: Our transparent 3rd-party decision-making process backed by IRS guidelines supports trust between you, grantees, and contributors.
Track impact: We regularly deliver data-backed insights to drive results for both your grantees and your organization.
We work with you to identify your company's program requirements and build your unique, white-labeled landing page.
Share your company's latest financial well-being resource widely. The more they hear about it, the more likely they are to apply when they need it.
Managers know their teams best and they should be equipped to remind employees of the employee relief fund and how to use it.
Using a unique ID, employees log into the application, answer standard questions, and upload required documentation. The Canary team responds within 48 hours.
Canary's team of grant managers work around the clock to review and decision applications. Approved grantees will receive tax-free money in their PayPal account within 48 hours.
All approved grantees will receive their tax-free grant in their PayPal account within 48 hours.
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If you would like to talk to our team about creating an Emergency Relief Fund at your organization, let us know here.