摘要: |
Chuck Hammel has uncovered a unique way to keep his drivers happy-and out of debt. The Pitt Ohio president has established two zero-interest loan programs as part of its wellness program. "We did a survey and found that 70% of our drivers could not come up with $700 to cover a financial emergency," says Hammel. Most Pitt Ohio drivers earn between $70,000 and $90,000 a year. Pitt Ohio actually runs two loan programs, a rainy-day fund and a community impact 0% loan fund. Here's how they work. The rainy-day fund is an emergency saving account where an employee has a savings account for emergencies like a hot water heater gone bad, furnace problems, etc. In other words: an unexpected expense. "In this program, if employees are in it for 12 months and contribute $600, we match the contribution to bring them up to $1,200," says Hammel. Pitt Ohio contributes only in the first year, he adds. |