The unseen costs of financial stress in the workforce

Data shows financial stress drastically impacts the U.S. workforce—and employees are seeking out employers who are willing to help

Key Takeaways:

  1. Employers—especially CEOs—significantly overestimate their employees’ financial wellness
  2. 90% of employees say financial concerns are having a negative impact on their physical and mental health, and on their job performance
  3. 80% of employees would prioritize an employer that offers an earned wage access solution when seeking new employment

Finances are a common source of stress for many Americans—but do employers truly know how much this stress impacts the health and wellbeing of employees, as well as their company’s bottom line?

The American workforce is facing major financial strain, according to the results of a study commissioned by Immediate. Hours are being cut, jobs are being lost, and two in five households report that their net income declined by 25% in 2020. As the data shows, these stresses aren’t unique to households at lower income levels. Instead, households with a total income of more than $100,000 are more likely to ask for an advance than those with a household income of less than $50,000.

These challenges are incredibly problematic. However, there are ways to alleviate the negative impact on employees, if employers are willing to address this looming issue. Download the market report today to learn more.

Download now

Additional resources

2021 Roadmap to a Transforming Workforce


The past year brought completely unexpected challenges to business in the form of the COVID-19 pandemic. A presidential election, economic uncertainty, and a drop in employment gains intensified the landscape.

Pack Health

Customer Profile

Pack Health is a digital health company that’s helping solve chronic disease management. Its digital health coaching platform contains pathways for more than 25 chronic conditions, to help people live happier, healthier lives.