An alarmingly high percentage of employees are seeking extra money to resolve their cash flow issues. That’s why they’ve joined your company for a slight increase in salary.
The problem is that an increase in salary does not alleviate financial pressure because most people will simply upgrade their lifestyle at the first opportunity they get. This is compounded by the fact that a higher salary also means they will qualify more easily for higher levels of debt.
Our message to staff is to use this opportunity – of starting afresh in a new company - to get rid of debt or accelerate their wealth creation plans. This may sound simple enough to include in your agenda but the art is in actually achieving this result.
Induction represents a great opportunity to communicate your understanding of the impact that poor fiscal management has in your business. New staff will become aware that responsible money management is a cultural imperative if employees are serious about growing within the company.
Sounds like a win-win scenario to us. Talk to us about implementing these workshops in your company now.I’d like to discuss this workshop
Studies in the USA show that changing employee’s financial behaviour is actually easier than changing their diet and exercise habits. The result? Decrease in stress and related health-care costs.Look at what research shows