Stress over cost of living crisis harming workers’ performance, survey finds

Of the managers surveyed, 71% said they had seen evidence of increasing stress and anxiety in their teams. Photograph: Westend61/Getty Images

Workers in the UK are becoming so anxious about the cost of living crisis that it is affecting their performance at work, with two-thirds of managers reporting issues such as rising absenteeism and lack of engagement among stressed-out staff.

In a Chartered Management Institute (CMI) survey of more than 1,000 managers and team leaders, 71% said they had seen evidence of the crisis increasing stress and anxiety for their teams.