HR Management: Are Company Loans a Good Tool to Motivate Employees?
One way to keep employees engaged is with company loans. They’re a great way to offer an incentive to your employees that will benefit them in the long run.
However, this may not always be the best course of action for employee motivation. For example, employees who are making payments on loans will have less money available for other necessities such as groceries or rent.
So, are company loans a good tool to motivate employees or not?
What is a company loan?
Employees could need loans for a wide