Work pressure, job loss fears taking toll on bankers: survey

Nyon, Switzerland – The health of finance workers has suffered because of work changes tied to the economy, according to a report from UNI Global Union.

The report is based on a survey of union members in 26 countries. Calling poor health of bankers “the next phase of the financial crisis,” the report notes that cost-cutting and job restructuring have affected job conditions. Workers in the survey indicated that pressure to sell products, fear of unemployment and dealing with angry clients were having a negative impact on their health.

To help workers, the report recommends that employers try to preserve jobs, treat employees fairly and pay them well.