There is absolutely no doubt that life has become harder for most people. Many are unemployed and for those who do have jobs, salaries are not sufficient to cover all our expenses comfortably. Consumers have had to endure above inflation increases in electricity, water and rates, rising food prices, increases in fuel prices, e-tolls and higher interest rates. Income tax has also been increased during these economically tough times.
You have created a decent work environment, proper benefits, but have you gone as far as assisting your employees to create sound financial habits. Most HR personnel have had to deal with the following: Employees who need loans to carry them through every six months or so Employees who ask for their leave to be cashed in Employees who have had garnishee orders issued against them Employees who leave to be able to access their pension fund money Employees who take more sick leave than they should. Employees who on reaching retirement age suddenly realize that their pension is not enough and do not know what to do