ComPsych Corporation, the largest contracted Employee Assistance Program helping workers deal with wellness issues, has released a new study revealing that 90% of American workers are losing sleep over financial worries.
The survey further revealed that credit card debt and keeping up with the rising cost of living were the chief concerns preventing people from falling asleep.
According to Richard Chaifetz, ComPsych’s CEO, “our increased call volume has been a reflection of the financial stressors faced by U.S. employees.”
Here is how the metrics break down:
30% cost of living
29% credit card debt
14% mortgage payments
13% building retirement accounts
3% Childrens’ school tuition and health care costs
8% not worried and have no trouble sleeping