Back to blog

Financial stress affects your employees more than you think

The Blog Detail
by Mariel Rubinstein
Share:

Most of us know that stress can be detrimental to our health. It’s now one of the top causes of short-term sick leave, so it’s no surprise that more and more companies are starting to combat employee stress.

Implementing things like flexible working, weekly office yoga, and team bonding opportunities all help to decrease stress amongst your workforce.

A big number of businesses, however, are still failing to recognise the impact of financial stress on their employees and the typical stress relievers just don’t help with it.

Here are just a few of the ways financial stress affects your workforce.

1. 19% of employees have lost sleep worrying about      their finances.

2. 55% of UK employees report that facing financial        pressures affects their behaviour to perform their      job.

3. 8% of the UK workforce admit to taking time off          work because of financial stress.

4. 44% of women and 34% of men in the UK                       workforce have felt anxiety caused by financial          stress.

5. 16% of the UK workforce struggle to focus at work     when they have money worries.

Financial stress and anxiety has a real impact on your employees, so it’s important that you don’t overlook it. Targeting financial stress amongst your workforce will only make your employees happier and in turn give you a more productive, focused team.

Learn more about the main causes of financial stress here.

 

Posted: 08/11/2017

  • Previous

     A good company culture has to include financial wellness

    A good company culture has to include financial wellness

    Read more >>
  • Next

    How to help your employees deal with financial stress

    How to help your employees deal with financial stress

    Read more >>

Improve your employee's productivity now

You really can make everyone happy! If anything remains unclear, you want to understand more about PinPoint or think it’s time to book a free demo, enter your details below and we will be in touch.