2022 Impact Data: How Emergency Relief Funds Support a Modern, Diverse Workforce
63% of Americans are living paycheck-to-paycheck and employers can be an integral part of their safety net. Data from our employer-sponsored grant solution, Grant Circle, shapes our understanding of financial insecurity in America. Data from grant-making to employer-sponsored relief funds shows that resource-strapped consumers across the salary spectrum are seeking alternative resources from employers in case of a financial crisis.
Download 2022’s Impact Report to learn why we are calling on employers everywhere to broaden the definition of the income band that needs help in the face of financial hardship.
Download the Impact Report
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A look at the key findings
- Almost all grantees (99%) reported being financially unhealthy, as defined by the Financial Health Network
- Grantees are disproportionately people of color (52%) and women (75%).
- We have seen a significant increase in grant requests due to forced move/eviction.
Read more about Grant Circle,
Canary’s employee relief fund solution
Ready to give your employees access to inclusive financial support?
Schedule a call with 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.
