Assisting employees in financial distress

The first issue of Research Works, published by the Partnership for Workplace Mental Health of the American Psychiatric Association (http://www.workplacementalhealth.org/index.aspx), focuses on how employers can help workers who are experiencing financial distress: http://www.workplacementalhealth.org/Money_RW_0210.pdf.

Recommended action steps include provision of personal financial education, credit and debt management counseling, and employee assistance programs. 

Of course, for employers who aren’t paying their workers a decent wage, the obvious response is to pay them more if at all possible.  However, not all financial distress is due to a lousy paycheck.  This publication offers useful advice to employers who want to help their workers make it through financially difficult times.

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