User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


37° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.
Winter Returns To KELOLAND This Weekend. Click here for details. 

 

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Money Troubles & Work

March 6, 2012, 9:50 PM by Angela Kennecke

Money Troubles & Work
SIOUX FALLS, SD -

When money troubles bog you down, it can be hard to concentrate on the job.  A new study by a professional human resource organization finds that money is tight for many workers and a majority say it's having a negative affect on employee performance. 

You spend a lot of time at your job earning money to pay your bills.  But in these tight economic times, it doesn't always go far enough.  And companies are noticing the affect on their employees. 

"They see their employees are under a lot of stress and if it's not dealt with, people start to be distracted at work. They're taking phone calls at work to deal with personal problems and they want those employees to be mentally and emotionally healthy.  That helps them to be better employees overall," Tim Heerts of Key Solutions said.

More companies are using employee assistance programs to get workers counseling with their finances.  Key Solutions in Sioux Falls has added on companies and is doing more financial counseling than ever.

"Since 2008-2009, we've seen an increase in calls that way; where people are looking and they're getting desperate and they want some kind of help with their finances," Heerts said.

Key Solutions will address the problem initially and then refer the person on to other groups that specialize in finances, like Consumer Credit Counseling or Dave Ramsey's Financial Peace University workshops.  But often money troubles are just the start.

"Often times by the time it's financial problems, they've also got several other problems like marriage problems, depression or anxiety," Heerts said.

But more companies are reaching out to let workers know they don't have to deal with their problems alone.

"Every month they are struggling with their bills and the bills outweigh the income and it's a monthly or daily struggle for them and they don't have to; there are ways to get it under control. Sometimes people need some education to help them do that," Heerts said.

Half of human resource managers say that money problems have raised employee stress levels and many are missing more work and in some cases, it is affecting their health.

Previous Story

Next Story


Comments





Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Website Ranks The 25 Best Jobs For 2015

1/28/2015 5:12 AM

Physician assistants topped the list, which has an average base salary of $111,376.

Full Story
Long John Silver's Building To Become Taco Shop

1/23/2015 4:00 PM

The former Long John Silver's on Minnesota Avenue is going to become a Mexican fast food restaurant.  

Full Story
Refinery Issues Lead To Higher SD Gas Prices

1/27/2015 11:10 AM

For the first time in months, South Dakota's average gas price rose last week.  According to a AAA report, the increase is due to a series of...

Full Story
Proposed Egg Farm Drawing Complaints In Turner County

1/27/2015 7:30 AM

A Sioux Falls-based company hopes to more than double the number of egg-laying hens in South Dakota by opening a large chicken operation near Parker.

Full Story
Five Ways Unmanned Drones Could Affect The American Food Supply

1/25/2015 5:38 PM

Herding cattle. Counting fish. Taking an animal's temperature. Applying pesticides.

Full Story


Events