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Financial Management

Help Employees Overcome Unexpected Financial Hardships and Stress with Employee Assistance Funds

October 2, 2021

No matter the scale or severity of the crisis, employee financial stress hurts companies and their employees. An Employee Assistance Fund (EAF), also known as an Employee Relief Fund, Employee Crisis Fund, and a host of other names, allows your company to help employees overcome unexpected financial hardships and demonstrate your commitment to responsible corporate citizenship.

There are different ways to administer an EAF. The best method for you will ultimately depend on factors such as the size of your company, how you will fund the EAF, and the complexity of your program.

Spotlight

Asia New Zealand Foundation

Asia New Zealand Foundation is a non-partisan and non-profit organisation dedicated to building New Zealanders’ knowledge and understanding of Asia. Established in 1994 we represent a unique partnership between the public and private sectors. As the leading non-government organisation on Asia-New Zealand relations we work in five main areas business, culture, education, media and research. In addition, we run the Young Leaders Network and take a lead role in Track II bilateral and multilateral dialogues in the Asia-Pacific.

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