According to a new report published by health and wellbeing provider, BHSF, two thirds of workers in the manufacturing industry are at risk of financial loss and/or shock if they fall ill.
The report – ‘A high wire with no safety net’ – details the precarious state of employee finances. Many staff would be unable to pay their bills for more than six to eight weeks in the event of medium or long-term illness.
67% of those in the industry worry about their financial security in the event of an unforeseen issue, such as illness, with 38% stating they had lost sleep over these concerns. Even worse, 34% said that financial stress impacted on their job performance.