Business & Finance
93% of US Employees Feel Stressed; Finances Among Top Concerns, Research Shows
24 May 2023 - - New research from Lincoln Financial Group (NYSE: LNC) shows that 93% of employees surveyed feel stressed, with 32% saying this stress has negatively impacted their ability to focus on improving their health and well-being, the company said.

One of the top sources of employee stress is finances, with 84% of stressed employees saying finances are a factor, including 50% who say finances are a major source or their biggest stressor -- more than their work or personal relationships.

Ensuring that employees have the right benefits and protections in place, along with access to financial wellness resources, can help ease some of this stress.

Of those who have used financial wellness resources, 77% say they've had a positive impact, and 69% say the support helped reduce the amount of stress they feel about finances.

Lincoln continues to expand its financial wellness program through its proprietary financial wellness tool, Lincoln WellnessPATH, available to all Workplace Solutions customers.

Designed to improve financial health and management skills, the easy-to-use tool helps employees learn about investing, saving and budgeting with the ability to set goals and track their financial status.

Through WellnessPATH, users also have access to Lincoln's Financial Wellness Marketplace, which connects individuals with partner companies that offer solutions to help them work toward their financial goals, including student loan debt support.

In support of Mental Health Month, the company has also launched a new "Mental well-being in the workplace" website, which includes resources for both employers and employees around benefits, wellness programs and accommodations, including support with:

Defining the problem: Understanding how common both relatively minor and more serious mental health problems are in the workforce and how they can affect productivity and morale.

Identifying solutions: Benefits and accommodation options for employees who work at home or in the office.

Reducing stigmas: Create a company environment in which employees feel comfortable asking for help with mental health issues.

Lincoln Financial Group provides advice and solutions that help people take charge of their financial lives with confidence and optimism.

Today, approximately 16m customers trust our retirement, insurance and wealth protection expertise to help address their lifestyle, savings and income goals, and guard against long-term care expenses.

Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corp. (NYSE: LNC) and its affiliates.

The company had USD 290bn in end-of-period account balances net of reinsurance as of March 31, 2023.

Lincoln Financial Group is a committed corporate citizen included on major sustainability indices including the Dow Jones Sustainability Index North America and ranks among Newsweek's Most Responsible Companies.

Dedicated to diversity, equity and inclusion, we are included on transparency benchmarking tools such as the Corporate Equality Index, the Disability Equality Index and the Bloomberg Gender-Equality Index. Committed to providing our employees with flexible work arrangements, we were named to FlexJobs' list of the Top 100 Companies to Watch for Remote Jobs in 2022.

With a long and rich legacy of acting ethically, telling the truth and speaking up for what is right, Lincoln was recognized as one of Ethisphere's 2022 World's Most Ethical Companies.