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.
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.
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.