financial stress

The High Cost of Financial Stress in the Workplace
Team SummitEmployee Outcomes, Employer Resource Center, Plan Operations & AdminComments are off for this post
According to the results of a 2024 American Psychiatric Association mental health poll, 43% of adults reported higher subjective feelings of anxiety than they did the previous year. Respondents indicated feeling anxiety related to a number of issues, but high on the list were the economy (77%) and paying bills or expenses (63%). These concerns  Read More →
Financial Stress in the Workplace
Team SummitEmployee Outcomes, Employer Resource CenterComments are off for this post
As the global economy continues to gyrate on an uncertain path, many are feeling increased stress regarding their finances. As of 2022, for example, total U.S. household debt was up more than 8% year over year, according to a study by NerdWallet. And while debt and financial strain are often treated as personal problems, anxiety  Read More →
Helping Employees Pay Down Student Debt
Team SummitEmployee Outcomes, Employer Resource Center, Plan Operations & AdminComments are off for this post
The ever-growing burden of student loan debt looms menacingly over many Americans, crippling their ability to save for retirement and other financial goals. According to Bankrate, around 60% of Americans who have student debt have delayed saving for major milestones because of it. While young people bear the most debt, they’re not the only ones  Read More →

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