this year, according to a new report by the National Payroll Institute. That figure is a huge jump from the $26.9-billion hit in 2021.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300A welcome email is on its way.
Almost three-quarters of workers admit to devoting part of their workdays to thinking about or handling money problems, the annual survey says. And they are very aware these worries are impacting their job performance, with 46 per cent of stressed staffers saying it’s taken a toll on the quality of their work.Article content
Productivity aside, financially stressed workers are also more likely to skip work, lose motivation, have trouble interacting with co-workers or even quit their jobs, which is a sobering thought for hiring managers struggling with labour shortages. “There is a key business case for why employers should pay attention,” Tzanetakis says.
by the institute showed that working Canadians’ financial health has deteriorated this year. The number of those living paycheque-to-paycheque grew 26 per cent in 2022 from 2021, and many are taking on more debt and saving less to get by.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: VancouverSun - 🏆 49. / 61 Read more »