Skip to content
ADVERTISEMENT

Two thirds of employees say money worries impact productivity, survey finds

The survey from Hymans Robertson Personal Wealth showed that 68% said financial concerns had hit their motivation or engagement.

Steve butler headshot
ADVERTISEMENT

Research from Hymans Robertson Personal Wealth found that 67% of employees said money worries are affecting their productivity at work, up from 38% in 2025. 

The annual employee financial stress survey also showed that 68% said financial concerns had hit their motivation or engagement and 37% had taken time off work due to financial stress. 

Nearly a third said the financial wellbeing support on offer from their employer did not meet their needs.

Of those whose productivity was affected, 37% had taken time off in the past year because of financial stress. 

The survey also found that 54% of employees said they had access to financial wellbeing support, but 28% said it focused on areas that were not important to them. 

ADVERTISEMENT

Almost a quarter said they would engage more with guidance linked to key life events like buying a home or having children.

Steve Butler (pictured), head of corporate at Hymans Robertson Personal Wealth, said: “Too often, support is built around a standardised set of benefits which don’t always reflect individual need. 

“Our research shows that this impacts the take-up of financial wellbeing support, leading to missed opportunities to support employees and alleviate stress. 

ADVERTISEMENT

“Early engagement is key to maintaining financial wellbeing and building resilience, particularly of those suffering with financial woes.”

Butler added: “This is why taking time to target key life stages, whether that’s saving for a first home, starting a family or preparing for retirement should be a fundamental part of what an employer offers for financial wellbeing. 

ADVERTISEMENT

“Ultimately, effective financial wellbeing isn’t about offering more support, it’s about offering the right support at the right time.

ADVERTISEMENT

“Financial stress may well be a hidden cost for many employers. Employees’ money worries don’t stay at home when they start work each day.”

He said: “Our research show that it affects concentration, motivation and, ultimately, performance.

“External pressures are continuing to alter the financial situations of many individuals. 

“The share of employees reporting that money worries affect their productivity has jumped by 29% since 2025.”

ADVERTISEMENT

He added: “That creates a clear business case for employers to see this as an evolving risk and review their financial wellbeing support accordingly.

“What’s particularly striking is that our research shows that support already exists in many workplaces, but too often employees aren’t engaging with it because it doesn’t feel relevant to their situation. 

“There is work to do here then, when it comes to communicating about what they offer and showing its relevance to different milestone-moments in their lives.”