capaDATA
  • PERFORMANCE
    • Younger saver, 30 years to retirement – 5-year annualised returns
    • Younger saver, 30 years to retirement – 3-year annualised returns
    • Younger saver, 30 years to retirement – 1-year annualised returns
    • Older saver, 5 years to retirement – 5-year annualised returns
    • Older saver, 5 years to retirement – 3-year annualised returns
    • Older saver, 5 years to retirement – 1-year annualised returns
  • RISK/RETURN
    • Risk/Return – Younger saver, 30 years from retirement, 5-year annualised
    • Risk/Return – Younger saver, 30 years from retirement, 3-year annualised
    • Risk/Return – Younger saver, 30 years from retirement, 1-year annualised
    • Risk/Return – Older saver, 5 years from retirement, 5-year annualised
    • Risk/Return – Older saver, 5 years from retirement, 3-year annualised
    • Risk/Return – Older saver, 5 years from retirement, 1-year annualised
  • PROVIDERS
    • Aegon Master Trust
    • Aon Master Trust
    • Atlas Master Trust
    • Aviva Master Trust
    • The Bluesky Pension Scheme
    • Ensign Retirement Plan
    • Fidelity Master Trust
    • Legal & General Investment Management – WorkSave Pension Mastertrust
    • LifeSight (Willis Towers Watson)
    • Mercer Master Trust
    • National Employment Savings Trust (NEST)
    • Now: Pensions
    • The People’s Pension
    • Salvus Master Trust
    • Scottish Widows Master Trust
    • Smart Pension
    • Standard Life DC Master Trust
    • SuperTrust UK Master Trust
    • TPT Retirement Solutions
    • Welplan Pensions
  • Research
    • ADVISERS
      • Pension provider selection factors
      • Switching
      • Diversification
      • Illiquids
      • ESG
      • Green
      • Digital
      • Consolidation
    • PROVIDERS
      • Master Trusts by number of members
      • Master Trust defaults by assets and number of employers
      • Member charges
      • Employer charges
      • Master trust investment advisers
      • Equity exposure
      • Derisking
      • Asset managers used
  • NEWS
  • MORE
    • About
    • Advertise
    • Contact us
    • Privacy policy
    • Content syndication
    • Terms & Conditions
CAPA
No Result
View All Result

Financial crisis causing significant mental health issues for women in workplace

02 November 2023
Most expats experiencing cost of living related stress – research
Share on TwitterShare on FacebookShare on LinkedIn

Global events and the cost of living crisis are having a significantly larger impact on the mental health of women when compared to men, according to new research.

The research conducted by Cigna Healthcare across 12 countries found that women were more likely to suffer burnout and stress in the workplace. It said low emotional and financial wellbeing were a leading cause of these mental health problems, particularly as women were typically paid less than men. 

In total half of those surveyed (49 per cent) cited the ongoing cost of living crisis as the largest cause of stress.

This study, developed with clinical psychologist Dr. Richard Ryan, looked at the range of factors that contribute to an individual’s wellbeing. 

Against a back drop of global issues, including  the cost-of-living crisis, the study’s found women exhibit significantly lower levels of ‘vitality’ compared to men, primarily due to a ‘perceived lack of energy and positive spirit.’

Women were also scoring lower than men when it came to emotional and financial wellbeing, with men’s higher scores typically linked to greater financial security. The report found that the gender pay gap was a significant problems with women being twice as likely as men to earn less than £1,500 per month. In total 52 per cent of women fell into this income bracket, compared to just 26 per cent of men.

The report also found that more than one in two (53 per cent) women suffering stress said this resulted in disrupted sleep patterns and persistent tiredness.

Cigna Healthcare chief medical officer Dr Stella George says: “Our latest research reveals some alarming statistics when it comes to the well-being of women. Increased levels of stress and burnout will only have long term effects – a fifth of those in the UK reported feeling more helpless, trapped, and defeated than normal.

“These are dangerous levels of stress and burnout – people need to understand that help is out there. Importantly, employers can offer those suffering from burnout much needed support, from recognising the warning signs, understanding the effects, and helping to manage and reduce burnout within teams”

Cigna Healthcare CEO Arjan Toor adds: “Cigna’s Vitality Study demonstrates that there is a well-being crisis in the UK; the rate of burnout and stress, particularly women, are extremely concerning.

“With significant global challenges such as conflict, illness, and the cost-of-living crisis, we’re constantly consuming terrible news with little relief, all of which are affecting our day-to-day lives. 

“We can no longer measure well-being using narrow health metrics such as diet, exercise, and disease alone. We must consider the bigger picture: intellectual and emotional stimulation, cultural and social connections, financial and physical security, and of course health. Work is a central part of people’s vitality and well-being, and it is therefore essential that every employer considers this as part of their workplace health plan.”

 

The post Financial crisis causing significant mental health issues for women in workplace appeared first on Corporate Adviser.

TweetShareShare
Previous Post

Aon pledges to support Mansion House compact

Next Post

People’s Pension calls for ‘single pot’ approach to multiple accounts

Category

  • By Provider
  • News
  • Not for search
  • Provider page archive
  • Uncategorized
  • video
CAPA data

© 2019-2024 Definite Article Media Limited. Design by 71 Media Limited.

  • About
  • Advertise
  • Contact us
  • Privacy policy
  • Syndication

Follow us

No Result
View All Result
  • About
  • Advertise
  • Contact us
  • Privacy policy
  • Syndication

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish.AcceptReject Read More
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT
No Result
View All Result
  • About
  • Advertise
  • Contact us
  • Privacy policy
  • Syndication