UK workers are struggling to manage their debts, with many employees seeking a second job to help with their financial shortcomings, a new survey from Aviva reveals.
Almost three-in-four (74%) of workers over the age of 16 said they have debt, while one-in-ten (8%) said they ‘haven’t got a clue’ about how much debt they owe.
One-in-seven of respondents feel their debt is out of control or they don’t have a way of paying it off.
Older workers are under strain, with more than one-in-ten (11%) UK employees over 55 saying they are struggling. Credit or store card debt (36%) and mortgages (20%) were the most common forms of debt for this group.
Continue reading for FREE!
Sign up for a myGrapevine account to get:
- Unlimited access to News content
- The latest Features, Columns & Opinions
- A full range of specialist HR newsletters to choose from
UK
United States

