eprivateclient

Just under two thirds of high earners suffer from relationship problems, research finds

News Team, 24/01/2020

Research commissioned by law firm Howard Kennedy has found that 69 percent of high earners have suffered significant relationship difficulties in their current or similar role.

This contrasts with the general population, of which just 20 percent has suffered from similar relationship issues as a result of work.

The survey, which was designed alongside relationship educators Soulmates Academy and think tanks Marriage Foundation and Relationships Foundation, profiled just under 500 high earners, 65 percent of whom held a senior management position or owned a company.

For these high-earners, there is a direct correlation between managing the work / life balance and strained relationships, with 38 percent attributing work pressure as the most significant reason for past relationship issues; 50 percent think the stressful nature of their jobs affected their relationship, 46 percent attribute it to long working hours and 38 percent thought it was caused by spending time away from home.

Relationship issues can negatively impact work, too. Of the respondents, 71 percent believe personal relationship issues had a major impact on their performance. 

This manifests itself in a number of ways; most notably 62 percent admitted it meant they were more distracted and less productive at work and 12 percent missed deadlines and targets. For some it had a substantial impact on their careers, 14 percent admitted to needing to take time off, whilst 6 percent felt they had lost out on p...


Continue reading this article...


Start a free trial now for access to breaking news of the regulatory environment and legislative change happening in wealth management.







You are currently not logged in,
login to view the full article
start by clicking this button.





Need a subscription,
fill out the form here or
contact subs@eprivateclient.com


About PAM

PAM Insight is the world’s leading independent provider of essential specialist news, analysis and comparative data for the fast-evolving world of wealth management.

Read more about PAM

Subscribers

eprivateclient is the leading website and news service for private client practitioners, including lawyers, accountants, trustees and fee-based IFAs.

Read more