Financial stress is taking a toll on employees’ social lives

Published Updated 4 Min Read

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The opportunity to engage with friends and family is seemingly back to normal post-pandemic, but financial strain is keeping employees from accepting invitations to important social events, impacting relationships in and out of work. 

Financial wellness platform BrightPlan’s 2023 Wellness Barometer Survey revealed that among a mix of C-suite, HR leaders and employees, 92% were stressed about their finances. In addition to causing distraction from work, concerns over financial instability and debt have led to 64% saying their social well-being has been negatively impacted, and 72% have passed up weddings, birthdays and opportunities to be out with friends, family and coworkers. 

Lee Hafner
Editor

Lee joined the EBN team in 2022, and covers areas including caregiving, employee health and wellness, healthcare innovation, and company culture. She created EBN's popular Benefits in Action and … Read full bio


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