Canary Highlights
Canary Impact: Transforming Workplace Well-Being Through Emergency Financial Support
The Canary Impact: Transforming Workforce Well-being Through Emergency Financial Support
The Impact of Employee Relief For Households Coping with Loss of Income
Not only are these employees struggling with their day-to-day finances — 49% find it difficult to meet household expenses on time each month — but many are one emergency away from real, all-consuming financial crises. While many financial hardships an individual experiences are readily apparent — natural disasters, medical issues, death in the family — there is one less obvious but looming issue hanging over employees heads: a sudden, unexpected drop in household income.
Download the infographic to learn more about how loss of income affects grantees.
Download our loss of income infographic
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Common reasons workers experience loss of income
- Household job loss: If someone in the household loses their job unexpectedly, it can lead to a sudden and severe reduction in income and mismatch with household expenses
- Just-in-time scheduling: to match consumer demand, schedules are often assigned on short notice and workers could see their hours changed or canceled at the last minute.
- Seasonal work: households that rely on this income during busy season are forced to find supplemental sources of income in the middle of slow season.
Download the loss of income Impact Snapshot to learn more
Read more about Grant Circle,
Canary’s employee relief fund solution
Canary Highlights
Supporting Worker Well-being in the Face of Household Loss of Income
The Impact of Employee Relief For Households Coping with Loss
Canary Highlights
Supporting Worker Well-being in the Face of Domestic Issues
When nearly half of U.S. employees experience the effect of
Ready to give your employees access to inclusive financial support?
Talk to our team to see how Canary can help you implement an easy, dignified solution for employees to request and receive support when they need it most.
