Monthly Archives: January 2012

Employees and Mental Health Related Issues

One challenge facing employers today is the significant number of employees who go on disability because of mental health related illnesses. More often than not it is stress, anxiety, depression and panic attacks that can lead an employee to need time off work. This reality costs insurance companies and employers millions in disability compensation.

Financial trouble often fuels mental health problems. Debt has been established as a major cause of stress, anxiety, panic and depression. When an individual can no longer make ends meet because their debt exceeds their income, it can have a crippling effect.

At DebtCare Canada we work with employers, EAP program providers and insurance companies to provide employees with access to programs to help them get control of their debt and achieve financial relief. Once an individual can make ends meet and achieves debt relief, they are more able to focus and start to get their lives back on track.

A healthy employee is a happy and productive employee and employers stand to save by investing in helping their employees get their personal finances on track.

If you would like more information about our financial programs please call 416-907-2582 or email me at kgoldenberg@debtcare.ca.