Finances, workload top holiday stressors: survey
MASSACHUSETTS, UNITED STATES — The festive season is proving to be anything but jolly for many employees as financial pressures and mounting work responsibilities cast a shadow over their holiday cheer.
A recent survey by Workhuman, encompassing 3,000 full-time workers across the United States, United Kingdom, and Ireland, reveals a concerning trend in workplace well-being.
Financial strain and workload
Workload pressures weigh heavily, with 33% identifying increased job demands during the holidays as a major concern. Another 29% pointed to the challenges of meeting year-end goals and key performance indicators (KPIs) as a source of anxiety.
Adding to the stress, 32% of employees said they would continue responding to work emails during the holidays, while 20% reported that they could not take substantial time off due to their professional responsibilities.
More concerning is that 15% of workers face workplace stigma for taking holiday breaks. Reasons cited include end-of-year busyness (55%), perceived lack of commitment (42%), and company norms discouraging time off (36%).
Meanwhile, nearly two-thirds of employees point to financial obligations during the holidays as their primary source of stress. Thirty-five percent of employees said their year-end bonus will go towards holiday-related expenses like gifts or travel. Thirty percent will be able to spend it on something they want, while 17% will put it towards bills and expenses
Solutions and support systems
Organizations are being called upon to address these challenges through concrete measures. The survey indicates that 45% of employees seek improved benefits, while 36% desire greater recognition for their contributions. Additionally, 32% of workers emphasize the need for enhanced workplace flexibility.
“Whether it’s work-related stressors or something personal going on in the life of an employee that makes this time extra difficult, leaders need to make a concerted effort to celebrate what makes those people such valuable contributors to their organization,” said Traci Pesch, Practice Lead and Strategist, Workhuman.
“Setting the tone of recognition can make all the difference in company culture, as well as in employees’ lives.”
