Employees struggling with their finances report higher workplace stress

clock • 2 min read

Employees struggling with their finances suffer from far higher levels of stress, and poorer health, than those who are unworried financially, a new report has found.

Willers Towers Watson's latest financial wellbeing report has reiterated the need for employers to face up to the realisation that employees will require better help managing their finances in the face of economic uncertainty. According to the report, four out of five of those ‘struggling' financially at work are suffering from high (44%) or above average (36%) stress levels, compared to only a third of those who are ‘unworried' reporting high (6%) or above average (27%) levels of stress, the report found. Of those ‘struggling', 41% are in poor health, as opposed to only 17% of those who...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Employee Benefits

Unum UK adds Health Network to Help@hand

Unum UK adds Health Network to Help@hand

Partnership with YoungMinds

Jaskeet Briah
clock 18 June 2025 • 2 min read
Diagnostics rank as most 'essential' employee benefit for businesses

Diagnostics rank as most 'essential' employee benefit for businesses

Benenden Health research

Jaskeet Briah
clock 11 June 2025 • 2 min read
Employee benefits strategy shifting among UK businesses: WTW

Employee benefits strategy shifting among UK businesses: WTW

Businesses looking to improve health benefits

Jaskeet Briah
clock 10 June 2025 • 2 min read