Canary's September Roundup
How are you measuring worker financial well-being?
Why getting a better understanding of employee financial well-being can't wait.
As companies like yours fine tune employee well-being strategies going into 2025, leaders must consider the crucial role additional financial resources play. They are imperative to the overall well-being of your workplace, with employees citing negative side-effects of financial stress, like decreased mental and physical health.
With a variety of solutions on the market, we believe in a portfolio approach based on a deep understanding of your employees' complex financial lives.?
Annual planning season is busy, so we have made measuring your workforces' financial well-being easier than ever with practical, ready-to-implement templates. Our hope is to help inform a data-backed strategy that meets your employees needs today.??
Download your copy today to get started ??
The Real-World Impact of Employee Relief
“Thank you so much. This is truly a blessing. I was worried about how I would get by with my four children. Having to move unexpectedly because of domestic violence has been extremely difficult. This is the bright light in a difficult situation that I needed right now."
-Anonymous grantee quote from Grant Circle, Canary's employee relief solution
What We're Reading
Stat of the Month
"Based on the average American hourly wage, you could effectively be paying financially stressed employees $3,922 or more each year to fret about money on the job."
These findings and more, from Graystone Consulting's The Real Costs of Employee Financial Stress—and How Employers Can Help, highlight the business opportunity behind investing in workplace financial well-being solutions, like Grant Circle.?
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Canary Chatter
[Learn] The Missing Piece in Workplace Support
Despite the rise of employee financial wellness programs, many miss a crucial gap: they don’t address the immediate financial crises that nearly half of workers face daily – affording basic living expenses. Learn why Canary believes in a portfolio approach to employee financial wellness.
[See] Domestic Issues & Their Financial Fallout
Like many of life’s unexpected emergencies, timely, anonymous access to financial resources is key to helping employees in the face of domestic issues.
Giving employees a financial lifeline that maintains confidentiality can empower victims to move on from abusive situations.?
[Read] Canary featured in HR Brew's Starting Up Series
Generosity exists everywhere in in the workplace (payday advances, GoFundMe's, pass-the-hat fundraisers). It's clear that work is already unique part of an individual's safety net.
Learn how companies can formalize this giving instinct with a program like Grant Circle.?
When employees thrive, organizations thrive.
Together, we support employee financial well-being for organizations of any size by offering employees quick, dignified access to financial relief when they need it most.