A 2005 study by Thomas Garman, an employee debt expert at Virginia Tech University, showed that 30 percent of U.S. employees feel substantial financial stress that affects their job performance. In another survey, 28 percent of workers said they were not only worse off than the prior year but also nearing financial disaster. Employee Assistance Programs — like those offered through Xenium — provide debt counseling to employees of Xenium client companies. You can learn more about the EAP services offered by Xenium partner, Cascade Centers.
With the volatile economy, housing crisis and high fuel prices, he said, there may be an even greater demand for this type of training and counseling. “That’s going to pay dividends for the company who offers this to their employees,” says Leslie Nielsen, Xenium President. “Footing the bill for such programs benefits employers in the long run.”
