78% of employees still anxious about cost of living

Health Shield research findings

Jaskeet Briah
clock • 2 min read

Health Shield Friendly Society has released its latest 'Britain At Work' report, finding that employees across all wage brackets are still suffering due to the cost-of-living crisis, four years after it began.

The research – which surveyed 975 working adults over the age of 18 who were in full- or part-time employment in the UK – found that 78% of UK employees were still worried about the cost-of-living crisis, although nearly half would not tell their boss. While the rate of employees who worried has declined from 89% in last year's report, nearly four-fifths remained concerned. Although inflation has fallen to 3% this year from a high of 11.1% in 2022, Health Shield said that employees remain anxious and impacted. In terms of how these anxieties have been impacting the workplace, 54% said...

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 Group Protection

L&G launches health and wellbeing app

L&G launches health and wellbeing app

Dubbed Spark

Cameron Roberts
clock 01 July 2025 • 2 min read
Employers 'misjudge' which benefits workers prioritise

Employers 'misjudge' which benefits workers prioritise

Canada Life research

Jaskeet Briah
clock 19 June 2025 • 2 min read
L&G paid out £347m in group protection claims in 2024

L&G paid out £347m in group protection claims in 2024

Paid out just shy of £1m every day

Jenna Brown
clock 19 June 2025 • 3 min read