Companies have increased labor benefits of personal loans and savings boxes as a strategy to retain their staff, according to Cecilia Carrillo López, director of Coparmex Nuevo León. These benefits are part of the package of labor benefits that companies offer with the aim of providing support to workers and retaining talent in their teams.
"The high inflation period we have experienced in recent years is undeniable, however, salaries have also grown well above that rate. What we observe is that companies, with the aim of supporting their workers and retaining them, offer this benefit," pointed out Carrillo López.
Caintra has highlighted the shortage of skilled personnel as one of the main problems faced by companies, affecting their performance. Last January, 29.1% of the companies surveyed by the industrial organization considered the lack of skilled personnel as the second largest obstacle to their growth, after the political landscape.
The director of Coparmex emphasized the importance of taking care of the financial health of workers to avoid excessive levels of indebtedness that may generate concerns. An analysis carried out by Coparmex with data from the National Occupation and Employment Survey of Inegi reveals a 51% increase in access to personal loans and/or savings boxes in workplaces in Nuevo León, surpassing the national average of 15.7%.
In 2019, 583,458 employees had access to personal loans or savings boxes in their companies in Nuevo León, a figure that increased to 880,974 by 2024, representing a 51% increase. This growth has been more pronounced since 2021, coinciding with the rise in prices of goods and services, with Nuevo León being the state with the highest cost of living.
Data from Fonacot shows a 16.4% increase in the debt incurred with that Institute by workers in the formal sector in Nuevo León in the third quarter of last year compared to the same period of the previous year. Despite concerns about workers' indebtedness, the accessibility of credit in workplaces is highlighted as a positive point for their financial well-being.
