One in five people say their workload as having a negative impact on their health. Respondents to a survey of 2,000 UK workers state their jobs have caused them to suffer from depression and other stress-related illnesses. The research, commissioned by staffing app Coople, and carried out by OnePoll, claims that 30 per cent of respondents said work has made them unhappy and stressed, while more than a quarter (26 per cent) say their job causes arguments with their partner – 8 per cent of which say work has been the major factor in the breakdown of their relationship. Over half of those polled (51 per cent) have attributed a lacklustre social life to their work commitments; with 28 per cent working late, 18 per cent responding to emails out of hours and 10 per cent picking up calls outside of their hours.

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The financial services industry has never been known as a ‘touchy-feeling’ environment, and despite efforts to raise the issue of mental ill health at work, appears resolutely resistant to cultural change. This perception is reinforced by a new piece of research which claims that rising stress in the City is driving more than two out of three investment bank staff to consider quitting their job – but employees believe talking about stress or mental health issues to management will damage their careers. In a study by MetLife among decision makers at financial institutions two out of five (40 percent) think their job is extremely stressful with 67 percent considering quitting their jobs in the next year if stress levels do not improve. However, despite the impact of stress on their work and home lives, around 70 percent believe that admitting to suffering from anxiety or mental health issues will damage their career prospects and there is a reluctance to offer staff more flexible hours to help reduce the strain.

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Younger workers are more affected by workplace stress than their older colleagues, with half of Generation Y UK workers (50 percent), reporting heightened levels of stress in the workplace, compared to 44 percent for generation X and 35 percent within the baby boomer generation. The Global Benefits Attitudes Survey of 1,895 employees in the UK by Willis Towers Watson suggests that the top causes of workplace stress for Millennials were inadequate staffing and low pay, which mirrored the top two causes across all generations in the survey. This is followed by a lack of work/life balance and unclear and/or conflicting job expectations, whereas for baby boomers it is company culture and excessive organisation change. The report also shows Gen Y workers are more worried about their finances than older workers, with 64 percent of younger workers reporting being worried, compared to 55 percent of generation X workers and 38 percent of baby boomers.

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