Financial services workers amongst worst for not relieving stress

Almost half of workers in finance are not doing anything to relieve stress outside of work - ironically due to not having the time - according to research from learning marketplace, Obby.

Related topics:  Finance News
Rozi Jones
20th August 2018
stress financial adviser worker business
"Many workers within financial services claim they do not prioritise getting the stress relief that is so important for maintaining their mental health. "

Its survey reveals that workers in financial services are amongst the worst in the UK at actually taking the time to relieve their stress, with 49% admitting they do ‘little or nothing’ to manage their stress levels.

Finance workers were topped only by those in professional services (e.g. law and accountancy), education, healthcare and trades.

For the overwhelming majority of financial services workers who claimed this was the case, it is a lack of free time that is the biggest obstacle (71%).

Of those who do regularly take measures to reduce work-based stress, it’s exercise and sport that top the poll of most popular stress-busting activities. 44% find relief from a physical outlet, while enjoying personal interests and hobbies came a close second (39%).

Tom Batting, co-founder of Obby, said: “It’s extremely worrying how many workers within financial services claim they do not prioritise getting the stress relief that is so important for maintaining their mental health. The irony is that this can actually become a vicious cycle – if we don’t make time for stress relief, this can lead to becoming more stressed or even burnout, both of which can reduce productivity further.

“It’s in finance managers and bosses’ interests to ensure that employees actually do take measures to manage their stress levels – whether that’s communicating how important this, allowing them flexi-time so that they can attend whatever activity it is that they do to relieve stress, or even providing classes or workshops for their workforce.

“As well as reducing stress, this can positively impact on employees’ focus, concentration and efficiency in the workplace – which are particularly key in industries such as banking, where attention to detail and precision are especially vital. We see this time and again - employers who provide workers with healthy and stress-busting ‘perks’ like yoga, meditation or even arts and craft workshops reap the rewards in a more productive – and satisfied – workforce.”

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