As the cost of living crisis continues to squeeze personal finances, experts from personal insolvency provider, Creditfix, are warning of the impact that debt problems can have on employees.
With more people struggling to afford utility bills, rent, mortgages and food, this can have a huge impact on an individuals mental health and overall productivity.
Personal debt is something that affects a wide number of people around the UK. It comes in a variety of forms; including overdrafts, credit cards and loans. The average adult in the UK that is struggling with their personal finances, has just over 15,000 in unsecured debt. Whilst this is the average figure across the UK, for some people the amount that is owed could…
Read the full article at: https://hrnews.co.uk/debt-and-the-workplace-how-to-spot-signs-of-money-struggles-in-your-workforce/