Financial Worries Causing Mental Health Issues With Healthcare Workers

Nearly 7 out of 10 healthcare workers find it stressful to manage their finances.

According to an October 2022 study, financial stress has a significant negative effect on healthcare workers’ mental health. A October 2022 Harris Poll commissioned by IntelyCare and DailyPay, found that inflation and other economic concerns have negatively impacted healthcare workers’ sleep, mental health, self-esteem, physical health, and relationships at home.

The Impact of Financial Stress

Explore the Harris Poll results:

41%

of healthcare workers say their personal finances currently cause them stress.

79%

of healthcare workers are worried about changes in the economy in the next six months that will negatively impact their personal finances.

54%

of healthcare workers say their employer provides adequate resources or benefits to help them manage financial stress

58%

of healthcare workers would be willing to take a pay cut for more flexible work hours

43%

of healthcare workers agree the top expense they're worried about over the next six months is rent/mortgage.

Survey Methodology

This survey was conducted online within the United States by The Harris Poll on behalf of DailyPay & Intelycare from October 4-6, 2022 among 2,068 U.S. adults ages 18 and older, among whom 1,053 are employed full-time or part-time. The sampling precision of Harris online polls is measured by using a Bayesian credible interval. For this study, the sample data is accurate to within +/- 2.8 percentage points using a 95% confidence level.

For complete survey methodology, including weighting variables and subgroup sample sizes, please contact press@dailypay.com.

The DailyPay Solution

DailyPay helps you deliver on-demand pay that gives your employees the financial control they need to be more engaged, motivated and happier at work. Increased employee loyalty reduces business costs and increases productivity.

Build financial wellness for your employees