Equity 1 Group
Pushing back the frontiers of economic ignorance and restoring sound financial foundations, one family at a time.

Workplace Stress Facts Quoted by the Media

 

  

Stress is the number one cause of employee low productivity, low morale, and 50-70% of all employee medical and hospital costs.

Source: Glenn Carnathan

 

Personal finance is the number one personal issue causing stress in the workplace.

Source: ComPsych, printed in USA Today

 

The average household has $38,000 in consumer debt.

Source: Consumer Reports Money Book

 

Up to 40% of employees report stress over personal finances has negatively impacted their productivity in the past year.

Source: Garman, Leech & Grable

 

Workers waste 20+ hours a month thinking about and dealing with personal money matters.

Source: Garman

 

32% of executives rank the toll on productivity caused by personal financial problems as the most pressing, overlooked workplace issue.

Source: Cambridge Human Resource Group

 

When financial problems arise, it is in the workplace that they are likely to surface first.

Source: Keller & Nolf, 1984

 

Regardless of income, 70% of Americans are living paycheck to paycheck.

Source: Wall Street Journal

 

– end of article

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The employee financial wellness benefits program offered by CFOSimple assists employees with financial issues by providing one-on-one coaching, web-based software and free, unlimited customer and technical support.  Employees may use a combination of outside counseling and our financial resources to get them back on the road to financial health and peace of mind.

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