Journal of Family and Economic Issues

, Volume 27, Issue 3, pp 458–478 | Cite as

Relationship between Financial Stress and Workplace Absenteeism of Credit Counseling Clients

  • Jinhee KimEmail author
  • Benoit Sorhaindo
  • E. Thomas Garman
Original Paper


The researchers examined how financial stress was associated with absenteeism of credit counseling clients. Data were collected by a national non-profit credit counseling organization, from consumers who telephoned seeking assistance in debt management. The results indicate credit counseling clients’ financial stress affects their absenteeism at work. Clients with high levels of financial stress are more likely to experience higher levels of absenteeism; thus spending work hours handling personal finances, which decreases the time they are at work. The results suggest some insight into providing financial education and assistance for employees with financial strains as productivity loss might influence their pay.


Credit counseling Financial education Financial stress Personal finance Work absenteeism 


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Copyright information

© Springer Science+Business Media, Inc. 2006

Authors and Affiliations

  • Jinhee Kim
    • 1
    Email author
  • Benoit Sorhaindo
    • 2
  • E. Thomas Garman
    • 3
  1. 1.University of MarylandCollege ParkUSA
  2. 2.InCharge® Education FoundationOrlandoUSA
  3. 3.Virginia Tech UniversitySummerfieldUSA

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