Please Suggest, Any Good Scheme To Help Lower Grade Employees

I often notice that many a times a good worker approaches you for financial help for one reason or the other. Their may be genuine reasons too but if we give advances they find it easy way of getting the money whenever they want. I do acknowledge their financial difficulties but when they are explained to save little money for their rainy days they expect the employer to do the needful. Through this discussion, I want to know from the forum about any good scheme where an employee inculcate the habit of saving and helping each other rather than looking for employer who most of the times turn down their request due to misuse of facility.

Hello Vivek Sang,
You do have a good point reg the way to enable employees to realize the value of whatever help they get--be it from the employer or friends or others.
Going by your posting, guess YOU are their employer. In which case, suggest make it sort-of mandatory for deducting some money [however nominal it may be] from their salaries--APART from their PF, etc which are statutory--and open FDs with your Bank where you have your company account. So in a way, whenever they need extra cash to handle exigencies, they can have the money [with interest] AND in-parallel you will be inculcating the saving habit in them. To begin with, the amount being saved shouldn't matter.
With some modifications--to suit your exact situation--this should work.
All the Best.
Rgds,
TS

Dear Tajsateesh,
I'm not the owner but do hold one of the administrative post but do believe in helping their position.

Next time when you do their salary hike, start a simple scheme "voluntary benefit fund" and have a small component saved out of their raise in the fund. This can be accounted into a bank account too under the directors authority. When in need a part can be funded as interest free loan to the employee with an additional assurance to clear the loan. This will not be a burden to the company and during the employee retirement he can be made entitled towards the amount he saved during his employment.