{"id":1120,"date":"2023-06-30T23:06:07","date_gmt":"2023-06-30T23:06:07","guid":{"rendered":"https:\/\/mudabicara.com\/en\/?p=1120"},"modified":"2023-06-30T23:06:07","modified_gmt":"2023-06-30T23:06:07","slug":"what-is-employee-financial-support-purpose-and-role","status":"publish","type":"post","link":"https:\/\/mudabicara.com\/en\/what-is-employee-financial-support-purpose-and-role\/","title":{"rendered":"What is Employee Financial Support? Purpose and Role"},"content":{"rendered":"<section class=\"masthead masthead--single-blog\">\n<div class=\"masthead__wrap\">\n<div class=\"container\">\n<div class=\"row align-items-center justify-content-between\">\n<div class=\"col-lg-10\">\n<p class=\"masthead__title\"><em style=\"font-size: 16px;\"><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Financial support<\/span><\/span><\/em><span style=\"font-size: 16px; vertical-align: inherit;\"><span style=\"vertical-align: inherit;\"> \u00a0in being a solution to dealing with employee problems that don&#8217;t go away.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<section class=\"single single--blog\">\n<div class=\"container single__wrap\">\n<div class=\"row\">\n<div class=\"col-md-8 single__content\">\n<article><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">This problem needs to be addressed as soon as possible because it can impact on the disruption of work productivity and company operations.<\/span><\/span><\/p>\n<p><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">One of the problems employees often face and beyond their plans, in this case, is a financial crisis.<\/span><\/span><\/p>\n<pre><span style=\"color: #ff0000;\"><strong>Read Also :\u00a0<a style=\"color: #ff0000;\" title=\"Permalink to: 7 Effective Sanctions For Employee Is Always Late To Work\" href=\"https:\/\/mudabicara.com\/en\/7-effective-sanctions-for-employee-is-always-late-to-work\/\" rel=\"bookmark\">7 Effective Sanctions For Employee Is Always Late To Work<\/a><\/strong><\/span><\/pre>\n<p><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Based on a study from\u00a0 <\/span><\/span><em><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Alight International<\/span><\/span><\/em><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\"> \u00a0regarding\u00a0 <\/span><\/span><em><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">the Workforce and Wellbeing Mindset Study<\/span><\/span><\/em><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\"> \u00a0in 2022:<\/span><\/span><\/p>\n<p><b><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">60% of employees\u00a0<\/span><\/span><\/b><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\"> feel that their salary or income cannot cover their basic expenses<\/span><\/span><\/p>\n<p><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Although companies in Indonesia are starting to implement many employee welfare programs.\u00a0<\/span><\/span><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Financial welfare programs<\/span><\/span><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\"> \u00a0such as\u00a0 <\/span><\/span><em><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">financial<\/span><\/span><\/em><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\"> \u00a0support are often neglected.<\/span><\/span><\/p>\n<p><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Through this article from Mekari, various discussions regarding\u00a0 <\/span><\/span><em><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">financial support<\/span><\/span><\/em><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\"> \u00a0and its impact on employees will be presented.<\/span><\/span><\/p>\n<h2><span id=\"Peran_Financial_Support\"><b><span style=\"vertical-align: inherit;\"><em><span style=\"vertical-align: inherit;\">Financial Support<\/span><\/em><span style=\"vertical-align: inherit;\"> Role\u00a0<\/span><\/span><\/b><\/span><\/h2>\n<p><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Financial problems or crises<\/span><\/span><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\"> \u00a0can affect employees in various aspects, one of which is self-pressure and prolonged stress.<\/span><\/span><\/p>\n<p><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Based on\u00a0 <\/span><\/span><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">a survey from PWC<\/span><\/span><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\"> :<\/span><\/span><\/p>\n<blockquote><p><b><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">32% of employees<\/span><\/span><\/b><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\"> \u00a0say that financial stress affects their health,\u00a0 <\/span><\/span><b><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">32%\u00a0<\/span><\/span><\/b><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\"> affects relationships at home, <\/span><\/span><b><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">\u00a021%<\/span><\/span><\/b><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\"> \u00a0affects work productivity, and\u00a0 <\/span><\/span><b><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">10%<\/span><\/span><\/b><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\"> \u00a0affects work attendance.<\/span><\/span><\/p><\/blockquote>\n<p><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">The role and function of the existence of\u00a0 <\/span><\/span><em><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">financial support<\/span><\/span><\/em><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\"> \u00a0in a company is to help alleviate problems or financial crises that the company&#8217;s employees are facing.<\/span><\/span><\/p>\n<p><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">However, what becomes a mistake is when\u00a0 <\/span><\/span><em><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">financial support<\/span><\/span><\/em><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\"> planning \u00a0only targets goals in the short term and not in the long term.<\/span><\/span><\/p>\n<p><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">This is entirely a mistake because if the program is only targeted in the short term, it is likely that similar problems may arise in the future.<\/span><\/span><\/p>\n<p><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">There are 6 aspects that can play a role in helping employees if\u00a0 <\/span><\/span><em><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">financial support<\/span><\/span><\/em><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\"> \u00a0can be planned properly and appropriately, namely:<\/span><\/span><\/p>\n<ul>\n<li aria-level=\"1\"><b><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Clarity<\/span><\/span><\/b><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\"> : Gain a clearer understanding of the financial plan and how to do it.<\/span><\/span><\/li>\n<li aria-level=\"1\"><em><b><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Empowered<\/span><\/span><\/b><\/em><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\"> : Employees feel empowered and more confident about their finances.<\/span><\/span><\/li>\n<li aria-level=\"1\"><b><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Peace of mind<\/span><\/span><\/b><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\"> : Employees become less worried about their finances so they can focus more on their work and career.<\/span><\/span><\/li>\n<li aria-level=\"1\"><b><em><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Decision\u00a0 <\/span><\/span><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Making<\/span><\/span><\/em><\/b><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\"> : Employees can now make more informed financial decisions.<\/span><\/span><\/li>\n<li aria-level=\"1\"><b><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Orientation to the future<\/span><\/span><\/b><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\"> : Employees get a clearer picture of the future and the achievement of their financial goals.<\/span><\/span><\/li>\n<li aria-level=\"1\"><em><b><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Better prepared<\/span><\/span><\/b><\/em><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\"> : Every employee now is much better prepared to face the future and various stages of life.<\/span><\/span><\/li>\n<\/ul>\n<pre><span style=\"color: #ff0000;\"><strong><a style=\"color: #ff0000;\" href=\"https:\/\/mudabicara.com\/en\/5-tips-for-communicating-with-customers-effectively\/\">Read Also : 5 Tips for Communicating with Customers Effectively<\/a><\/strong><\/span><\/pre>\n<h2><span id=\"Bentuk-bentuk_Financial_Support\"><b><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Forms of\u00a0 <\/span><\/span><em><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Financial Support<\/span><\/span><\/em><\/b>\u00a0<\/span><\/h2>\n<p><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">There are several forms\u00a0 <\/span><\/span><em><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">of financial support<\/span><\/span><\/em><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\"> \u00a0that you can implement in your company and help overcome the financial crisis that employees face, including:<\/span><\/span><\/p>\n<h3><span id=\"Penawaran_Diskon_dan_Promo\"><b><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Discount Offers and Promos\u00a0<\/span><\/span><\/b><\/span><\/h3>\n<p><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Product discounts and promos are included in\u00a0 <\/span><\/span><em><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">financial support<\/span><\/span><\/em><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\"> \u00a0which can be a way to help relieve financial pressure in dealing with daily life needs.<\/span><\/span><\/p>\n<p><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">This is because discounts and promos can help reduce employee costs through cutting product or service prices.<\/span><\/span><\/p>\n<p><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">The provision of this assistance can be started by collaborating with or affiliated with service providers and services.<\/span><\/span><\/p>\n<p><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">In addition to cutting employee expenses, discount offers and promos can be an illustration that the company values \u200b\u200bthe existence and hard work of employees.<\/span><\/span><\/p>\n<h3><span id=\"Pembayaran_Karyawan_yang_Fleksibel\"><b><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Flexible Employee Pay<\/span><\/span><\/b><\/span><\/h3>\n<p><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Currently, the majority of company salary payment systems still apply the traditional payment system at the end or beginning of the month (monthly system).<\/span><\/span><\/p>\n<p><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">In fact, a monthly payroll system like this is basically not in accordance with the needs of the workforce, which is sure to face financial problems that can arise every day unplanned.<\/span><\/span><\/p>\n<p><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">This will continue to happen because there are still various factors in managing payroll that are still a problem, such as the complexity of the payroll process and the lack of digital integration.<\/span><\/span><\/p>\n<\/article>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Financial support \u00a0in being a solution to dealing with employee problems that <a class=\"read-more\" href=\"https:\/\/mudabicara.com\/en\/what-is-employee-financial-support-purpose-and-role\/\" title=\"What is Employee Financial Support? 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