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Mental health conditions such as depression and anxiety Footnote 5; Impact of financial stress on your work. Financial stress doesn’t only affect you personally. Almost half of working Canadians admit that stress related to personal finances has had an impact on their performance at work. Footnote 6 . It doesn’t have to be this way.
While a certain amount of stress is normal, prolonged exposure to high stress can be associated with mental health concerns such as depression and anxiety. 1. Chronic stress can also be associated with less dramatic but still relevant workplace behaviours such as lack of engagement and distraction.
Jan 2, 2024 · When an individual has financial health, they experience greater overall well-being and bring their best selves to the workplace. Unfortunately, 80% of employees report being financially stressed ...
Apr 10, 2024 · 2. Poor mental well-being was associated with negative financial impacts, creating a vicious cycle. Participants detailed not only how financial stress affected their mental well-being, but also how mental health challenges negatively affected their finances. 3. For many, simply meeting day-to-day needs caused stress.
Feb 14, 2024 · According to a 2023 article on WebMD, money remains a taboo topic for many employees, yet it is a leading cause of stress. Many organizations are recognizing its impact on people's performance and overall mental health. 1. Indeed, financial stress is a growing concern for companies. Consequently, HR departments and employers are taking on a new ...
Oct 10, 2023 · The American Psychological Association has warned that the United States has reached a “mental health crisis” based on high levels of stress in the country, with vast implications for health and well-being. 1, 2 Finances are one of the leading causes of stress. 3 Recent Financial Health Network research has found that 4 in 10 Americans (40%) report high or moderate stress from their ...
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Feb 22, 2022 · First, it’s not about using your vacation time. It’s about practicing daily, restorative habits to help build your resilience. This may be taking a long lunch break, exercising after work, and ...