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The majority of healthcare workers across the United States are struggling with their finances, causing stress which is negatively impacting their work. Research conducted by the Harris Poll and DailyPay revealed the following:
The majority (57 percent) of healthcare workers in the U.S. feel stressed about the state of their finances.
Nearly half (49 percent) find it challenging to pay bills on time.
Thirty-four percent say they ran out of money between paychecks in the past year.
A quarter (25 percent) say they were unable to pay a bill in the past year.
The survey also reveals the financial challenges of healthcare workers today could potentially have a long-term negative impact.
Over a third (37 percent) of healthcare workers in the U.S. say they cannot adequately save enough for the future.
Thirty-four percent say they do not feel like they can save enough money to live comfortably in retirement.
Separately, according to a PeopleJoy study, The Impact of Loan Forgiveness on Employee Retention, financial stress in the healthcare industry can lead to operational inefficiencies and reduced workforce stability. Their research found financial stress can