The money trap

Syedain, Hashi
January 2008
People Management;1/10/2008, Vol. 14 Issue 1, p24
The article discusses the impact of stress caused by debt problems on employees and their employers. Total personal indebtedness in Great Britain has risen to more than £1.39 trillion. Providers of debt advice say the number of calls they get relating to debt grows every year. A study in 2005 showed that 15 percent of workers were so financially distressed that it had a damaging impact on their employer's bottom line.


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