The TUC has today announced that household debt in the UK has increased by nearly 1,000 per household to 15,385, in the past year.
The figure which includes, bank overdrafts, personal loans, store cards, payday loans, outstanding credit card debt and student loans but excludes mortgages, totals 428bn nationwide.
With that, wellbeing expert and CEO of Health Assured, David Price offers some advice to employers, on what they can do when a member of staff might be in debt.
It is not uncommon for bank accounts to feel the squeeze after the Christmas period. Experiencing money problems can seriously impact an individuals mental health and overall productivity at work so employers who take measures to help employees when they are struggling m…
Read the full article at: https://londonlovesbusiness.com/how-to-help-employees-with-debt/