According to Lowell’s research, nearly a quarter of Britons (27%) struggle to save money owing to their financial position. Over one-fifth of Britons (22%) indicated that money issues have had a direct influence on their mental health, and that they’ve experienced stress, worry, or despair as a result of their financial difficulties. In today’s atmosphere, especially with the cost of living problem, this is quite concerning.
The study also found that 21% of Britons are missing sleep owing to financial stress, and almost one-fifth (18%) have failed to pay their expenses.
See how HealthBoxHR can help your organisation check-in with your employees on a regular basis as well as provide the means for your employees to indicate their mental health status & if any help is necessary from the HR department – have a look at our Performance & Mental Health Management features!