Our research highlights the workplace impact of money worries on employees;

• 40% said it increased stress levels
• 35% said it led to mental exhaustion
• 26% said it led to decreased motivation
• 10% said it has led to increased sick days

Encouragingly, the research also found that if they had spare cash, more would save it for a rainy day i.e. such as in an ISA (42%), pay off debt (35%), save it for retirement (26%), or spend on essential bills (34%) rather than spending it on something they want (25%).

With only 13% saying that they would seek help from their employer, the onus is on workplaces to remove the stigma around money worries and offer employees easily accessible support.

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If you would like to discuss how we can help you to support your employees to improve their financial future, please contact us