Cost of living, commutes and the rise of absenteeism in the UK

Beyond empty wallets, the UK’s cost of living crisis impacts employees’ ability to be physically present at work. Inflation is significantly outpacing wage growth; housing is ever-climbing, filling the home pantry each week costs a small fortune, and let’s not get started with energy bills. Essentially, people all across the nation are experiencing financial stress on a level never seen, and it is affecting their physical and mental health.

Stress, anxiety and burnout drive sick leave.

Over the last few years, ONS data has confirmed that sickness absence is on the rise, with mental health sickness being one of the most common causes. People are experiencing burnout on a grand scale, and the chronic stress and anxiety that leads them there are prevalent drivers of short-term and extended absences from work. Personal stress often leads people to neglect their self-care, and many find themselves unable to eat, sleep, or engage in regular exercise. Moreover, seeking professional help feels too costly, and the issues persist. Just under half (46%) of employees in the UK feel able to confide in their employer about their financial concerns, leading to a very isolating personal situation.

The real cost of the commute

A past study from Understanding Society revealed that the length of a commute to work has a direct impact on job satisfaction, with one stating that an extra 20 minutes of commuting time each day has the same effect on job satisfaction as taking a 19% pay cut.

Now, we consider the financial cost. Shocking figures show how much workers spend on their commute to and from work. People using their car to travel to work spend £421.42 per month on average, but those going to work by train spend almost £100 more in some regions. Recognising the impact of long commutes on job satisfaction, combined with the associated expenses, it’s easy to see the perfect storm that’s created for increased absenteeism.

Employers taking a double-hit

It’s no secret that small and medium-sized businesses are taking hits left, right and centre, and covering absences contributes further to it. The pressure that is put on already-stretched teams accelerates the risk of multiple burnout cases.

Looking beyond absence management is a fundamental step for business leaders to take, addressing wellbeing, physical, mental, and financial aspects. Seeking new initiatives, such as flexible work arrangements, financial assistance for transportation, or external training on managing personal finances or general wellbeing strategies, may be valuable for a healthy and present workforce.

Final thoughts

The cost of living crisis is affecting people across the UK, with its impact felt on both a personal and professional level. Financial stress takes a silent toll on everybody, leading to an abundance of mental health absences. Taking action now to support staff members through tough times can help keep your team engaged and working together with minimal absences.