More than three-quarters of employees concerned about cost of living, report finds
According to the Britain at Work Report 2025, the impact of the cost-of-living squeeze is ongoing and continues to affect individuals and workplaces.
78% of employees remain concerned about the cost of living, according to the Britain at Work Report 2025 published by Health Shield Friendly Society.
The Britain at Work Report 2025 was conducted by Health Shield Friendly Society, a not-for-profit employee benefits provider serving over 445,000 members and 4,500 organisations.
Despite a decline in inflation and a rise in wages since the peak of the crisis, the report found that the impact of the cost-of-living squeeze is ongoing and continues to affect individuals and workplaces.
The annual survey, which gathered responses from 975 working adults in December 2024, revealed that 45% of employees are more or much more worried about the cost of living than they were a year ago.
While overall anxiety has decreased slightly from 89% in 2023, 28% of respondents said they are still very worried.
More than half (54%) of employees reported that the cost of living has impacted their ability to do their job.
16% admitted to skipping work due to financial pressures.
On average, employees took six days off work due to illness in 2024, with four of those days attributed to mental health.
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