Benefits July 27, 2009

More Work and Less Pay Makes Jack a Stressed Worker

July 27, 2009 (PLANSPONSOR.com) - U.S. employees recently surveyed say the economic downturn has affected their compensation.
Reported by

The Tell It Now poll by ComPsych Corporation found 39% of workers have not received a raise or their compensation has decreased. Eleven percent of respondents said they are doing more work due to employees that were laid off, and one-in-ten said they are working more hours/unable to take as much vacation.

One in five respondents report more conflict/stress among coworkers, and Dr. Richard A. Chaifetz, Chairman and CEO of ComPsych, said in a press release that the provider of employee assistance programs has seen increased call volume from employees who need help managing their finances in this challenging environment

Only 20% of employees surveyed said the economic downturn has not impacted their work.

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