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Workers experiencing high levels of financial stress: Survey

Workers experiencing high levels of financial stress: Survey

Working Canadians are experiencing a high level of financial stress, ultimately impacting their work performance, according to a survey by the Canadian Payroll Association (CPA).

Half of employees feel financial stress is impacting their work performance. Fifty-two per cent said they budget frequently while 31 per cent of this group keep their budget in their head. Of those who do budget, 52 per cent said they usually or always stick to their budget.

 

"Many working Canadians are struggling to make ends meet financially and they need help," said Janice MacLellan, vice-president of operations at the CPA. "While many Canadians are well-intentioned, our survey results show that they are not making enough progress towards financial health, and ultimately, this is impacting their work and their lives."

 

9 months ago

By HR Reporters


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