Staff four out of five companies has money problems
Four out of five companies have staff with financial problems. The recession caused the number of people with problematic debt to double, reports Nibud.More and more companies decide to take action and help their staff. Due to the overwhelming number of questions it receives, the Institute for Budget Education (Nibud) trained coaches who know how to deal with the issue of debt on the work floor.
empty desk
mikecogh
Flickr
It costs companies too much time to process confiscated wages. On the other hand, if they don't coöperate, they can be held liable themselves. Businesses also suffer damage from reduced productivity, increased absenteeism and theft, according to managing directors.
Nibud's coach tries to get to the root of the problem and find a fitting solution. Companies who actively support their staff see an increase of loyalty and productivity, and a decreased absenteeism.
Even though financial problems are primarily personal problems, Nibud notices they quickly become the employer's problem as well. Requests for advances or loans, putting in extra hours, cashing in vacation days or processing confiscated wages result in a lot of extra work, reports Nibud managing director Gerjoke Wilmink.
Businesses are looking for accredited coaches and those are not available yet. Nibud's intent with the coaches is to offer businesses peace and clarity. A coach offers a structural solution, so an employee who receives such aid will not likely fall back into the same situation again.
