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People Services

To enable companies to have access to the right skills, to develop those skills and retain the skills.

Debt Rehabilitation

Over-indebtedness is a regular cause of physical and emotional problems that not only impacts negatively on individuals and their families, but also on their working environment resulting in decreased productivity.

As a result of the current debt climate and economic stressors, the following effects are often observed in the workplace:

  • Severe stress
  • Substance abuse
  • Theft
  • Decreased productivity and lack of concentration
  • Poor decision making
  • Absenteeism
  • Low morale and lack of motivation
  • Emotional outbursts and inter-personal conflicts
  • Constant Lending and reckless spending

All of the above stressors ultimately result in decreased performance and productivity.

Siyakha Consulting's My Money solution is like none other in that we take into account both the Psychosocial and Financial aspects of Debt Rehabilitation. 

It is designed to do more than just consolidate debt. We work with individuals to understand their lifestyle, to assess the spending habits and to educate and train them on how to manage their finances more effectively.

Benefits to the client include that on average garnishee orders were reduced by 74% after 6 months and after 12 months more than 70% of the people that we have worked with have sustainable savings, with a direct impact on employee's take-home pay.

In addition, total confidentiality of each employee on the programme is maintained and our programme can be utilized as training spend contributing towards your WSP claim

Unlike many of the Debt Counselling Programmes available, the My Money Solution emphasizes amongst others the Importance of Saving, Education on Applying for Finance and the difference between various Loan Options and teaches the employee to self-manage their finances as a core and critical skill.