FINANCIAL SERVICES WORKERS AMONGST WORST IN UK FOR DOING NOTHING TO RELIEVE WORK STRESS

ALMOST 1 in 2 workers in finance are not doing anything to relieve stress outside of work – ironically often due to not having the time – according to new research out today.

A survey of 1,015 UK adults in employment carried out by learning marketplace,Obby.co.uk, revealed that workers in financial services – e.g. banking and insurance – 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 – with 58%, 55%, 53% and 51% of staff in these sectors respectively doing nothing to relieve stress.

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%).

With the average Brit working a 40.2-hour week – and not including time spent thinking about work – not having the time to decompress from the daily grind could be damaging the nation’s workforce.

For 1 in 4 in this industry, money is the reason post-work stress relieving activities are not pursued.

On average, 48% of the UK workforce is guilty of not taking steps to manage their stress levels.

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%).

Meanwhile, 35% say they turn to spending time with friends and family to relax them.

Tom Batting, co-founder at Obby.co.uk 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.

Batting continues: “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.”

Obby is rethinking learning. We work with hand-selected teachers to take teaching out of the classroom, and into your everyday life. From pottery to salsa, piano to Spanish, discover the best classes, courses and workshops London has to offer. There’s always something new to learn.

For more information and to book, please visit www.obby.co.uk.