Rising inflation and global instability pressure employees to meet daily financial needs, causing significant financial anxiety. Many have had to cut back on energy use and essentials, making significant lifestyle changes. Money worries severely impact mental health, affecting productivity, attendance, and engagement.
A recent PwC survey found that 49% of employees said financial anxiety severely impacted their mental health in the past year. TCost-of-living pressures strain mental health, highlighting the need for organisations to better support their employees.
As with mental health, a stigma around getting help lingers – 41% of financially-stressed employees are embarrassed to seek guidance on their finances. Money worries cause shame and embarrassment, leaving individuals unsure where to seek advice and support.
At Wellity, we offer sessions to help employees tackle stress and anxiety affecting them inside and outside the workplace. An example session is, ‘From Distress to De-stress‘.
This session covers stress awareness fundamentals, helping delegates recognise stress triggers and use coping mechanisms to prevent poor mental health. Key objectives include learning stress responses, exploring pressure-performance dynamics, and recognising triggers and tells. A must-do session for those wanting to understand financial anxiety.
We offer a range of other sessions from leadership to employee. For more on how Wellity can support your team and raise awareness, contact us at hello@wellityglobal.com.
