The High Cost of Financial Stress on Workplace Performance

Results from PwC’s 2013 National Employee Financial Wellness Survey reveal that many employees are still feeling the effects of the economic downturn. As a result, their performance in the workplace is suffering.

Financial issues causing stress

Twenty-three percent of respondents admitted that personal finance issues have distracted them from work. (Of those surveyed, Gen X employees were the most likely to report that personal finance issues have been a distraction at work.) Of that group, 19 percent said they spend five hours or more each week at work either thinking about or dealing with personal finance issues.

 

 

These findings reveal an opportunity for employers to help their employees lower financial stress, resulting in a more productive (and healthier) workforce.

MHN, Health Net’s behavioral health subsidiary, offers many resources to help employees curb financial stress – from financial consultations to an online financial library. To learn more about MHN’s services, please visit MHN’s website at www.mhn.com, call 1-800-327-7526 or email productinfo@mhn.com.

 

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Stacy Madden