About OverviewWellspring is committed to preventing homelessness before it happens and intervening early when it does. We put families first. Learn more about our innovative approach, model and team.
Services OverviewWellspring is here to help. We act as advisors, helping clients to connect with whatever services they need to find lasting stability for themselves and their families.
- HousingServices to help families retain and regain stable housing.
- Early LearningPre-K education for children experiencing homelessness.
- EAPEmployee Assistance Program that connects employees in crisis with the services they need.
- Family StoreAccess to free clothing and essential items for children age 0–17.
- FIREFamily Information Resource Exchange (FIRE) provides digital resources for regaining stability.
- Employee Stability ProgramEmployee Stability Program helps employees retain or regain housing stability.
- Get Involved
Get Involved OverviewWellspring has a variety of ways for you to connect, engage and support our mission to end Family Homelessness. Now is your opportunity to take action.
- Individual GivingMake a life-altering gift in support of Wellspring families.
- Corporate EngagementLearn how your company can make an impact on family homelessness.
- VolunteerismShare your time, share your talents. Here’s how you can help.
- CalendarCheck out the ways you can engage with Wellspring.
- Our FundersWith gratitude to our partners in ending homelessness.
- PublicationsRead impact reports and archived newsletters.
Helping employees retain or regain housing stability.
Wellspring proudly introduces the Employee Stability Program™(ESP).
More than 1 in 10 employees face a financial crisis that could lead to homelessness every year. Most crises are small – an unexpected expense of $2,000 or less.
However, the financial cost for employers is significant.
A destabilizing financial crisis distracts employees during work hours, reducing productivity and increasing the risk of mistakes. The stress can cause mental and physical health issues that employees bring to the workplace. In some cases, the impact on an employee so significantly impacts their ability to perform their job that they leave their position. The employer bears the cost of turnover, including temporary staffing, recruiting costs, and even legal expenses.
- The average cost of anxiety on employee performance is $150 per employee per year.
- Employees forced to move for financial reasons are 11% to 22% more likely to lose their jobs.
- The cost of filling employment vacancies is 15% to 21% of annual wages.
Wellspring is proud to offer the Employee Stability Program (ESP) designed to address employee financial crises earlier, help employees retain or regain housing stability, and reduce the costs associated with lost productivity and turnover for employers. This innovative employee benefit has two components: confidential case management and financial support.
Available to all employees, regardless of income, the case management services are delivered by experienced housing stability specialists who provide resource referrals and financial coaching. These basic services are funded through a per-employee per month fee.
The financial support component assists employees with lower incomes with crisis-related costs to maintain housing stability. Available to households earning 80% or less of Area Median Income, this financial assistance is covered through an optional fund established through donations from employers, employees, and/or other supporters. These crisis-related costs can also be billed directly to the employer on a fee-for-service basis. Financial assistance is paid directly to third-party vendors, such as landlords or utility companies, so that the payment remains non-taxable to the employee and the employer.
Wellspring’s Employee Stability Program is available for purchase, nationwide, through Wellspring EAP. The service is designed to complement existing EAP services, whether you use Wellspring EAP or another EAP, or as a stand-alone employee benefit.