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Socially-minded employers have offered a range of corporate social responsibility (CSR) programs for decades, traditionally focusing their efforts outward to help the communities in which they live and work.
Employers around the world turned to Employee Assistance Funds (EAFs), also known as an Employee Relief Fund, Employee Crisis Fund, and a host of other names, to help people navigate difficult circumstances. An EAF provides qualified employees with a grant to help them cover an expense and cope with unexpected financial stress.
By creating an EAF, your company can help its employees navigate tough times and demonstrate your commitment to responsible corporate citizenship.
As one of the few facilitators in the U.S. with an established program to help employers of all sizes and across all industries create and operate EAFs, America’s Charities has quickly become a leader in the space. In fact, we are the only organization to offer a charitable giving component, which enables coworkers and the wider community to support their colleagues and neighbors. By bundling other aspects of giving, America’s Charities also empowers employers to easily integrate EAFs with their other CSR programs and achieve even more social good.
The benefits of outsourcing your fund to a public charity vs. administering it yourself. |
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What to consider when determining employee eligibility and how to estimate your EAF budget. |
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How to put your EAF communications plan into action. |
The impact of fincancial stress on workers costs employers 13-18% of annual salary costs.