Though these options can be extremely beneficial for employees, the adoption is still relatively low. A survey by the Society for Human Resource Management shows 11 percent of businesses now offer pet insurance, while just 4 percent have student loan assistance options.

If you are struggling with debt, ask about debt relief options at your workplace. However, with low adoption, you may find your employer does not offer these benefits. If not, you should explore other options. Since debt causes stress, it is important you deal with it rather than ignoring it.

There are other options for debt relief

Depending on your debt, different options may work. You can try negotiating lower payments with your credit card company or selling some valuables to cover your bills. However, if you can no longer afford your bills, you may want to consider bankruptcy. Though bankruptcy has a stigma attached to it, filing for bankruptcy stops creditor harassment and may be the best way to eliminate or restructure your debt.