Workers' mental health issues cost UK businesses up to £51bn a year.

Financial worries can be a main
source of stress for workers. Photo: Reuters

Around 40% of workers in Britain have financial worries which, in turn, has impacted their mental health and their work performance. Consequently, this has resulted in costing British businesses an estimated at £39-51bn ($51-67bn) annually.

That’s according to a major new study commissioned by Salary Finance and conducted by market research group Clusters, which surveyed 10,053 people across 25 sectors, at both public and private companies. It was ensured that the responses were weighted to be representative of all UK workers (aged 18+) and statistically meaningful for each of the sectors, geographic regions and by salary band.

It found that the employees that had financial worries, were nearly eight times less likely to finish their daily tasks, and almost six times more likely to report troubled relationships with coworkers. Those 73% of those workers with financial worries said they were stressed while 46% said they were  depressed, compared with 21% and 9% among those with no financial worries.

By Lianna Brinded.

Full story at Yahoo News.