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Stop stress in its tracks to avoid burnout

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With finance named as one of the most stressful professions in the UK, Molly Macfarlane speaks to an accountant about their experience with stress and a wellbeing coach on stress management. 

15th Apr 2024
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A recent study from claims.co.uk has found that finance is one of the most stressful industries in the UK. 

Health, safety and environment data was analysed to see the number of stress-related illnesses caused or worsened by employment. The finance profession was ranked fifth, with 2,140 workers reporting a stress-related illness per 100,000 people. 

This month is Stress Awareness Month, aiming to improve understanding of what causes stress, how to deal with it, and how to reduce the stigma around stress and mental health.

This year’s theme is little by little, highlighting the importance of gradual progress and how small steps can positively impact wellbeing. 

An accountant’s wake-up call 

AccountingWEB spoke to regular contributor, WinterDragon about his experience with stress which he shared in an Any Answers post at the end of last year.

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Replies (7)

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By johnjenkins
16th Apr 2024 10:42

As Finance is fifth I hardly think it's one of the most stressful professions. 2.14% isn't really mind blowing. What were the other 4 that ranked above Finance?

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Replying to johnjenkins:
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By Ben Alligin
16th Apr 2024 10:47

AML compliance?!!

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Replying to Ben Alligin:
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By johnjenkins
16th Apr 2024 10:54

MTD?!!!

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Replying to johnjenkins:
Molly Macfarlane
By Molly Macfarlane
16th Apr 2024 13:59

Fourth was the professional, scientific, and technical profession
Third was education
Second was public defence
And first was human health and social work

Do you think finance belongs at fifth spot?

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Replying to Molly Macfarlane:
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By johnjenkins
16th Apr 2024 14:19

I'm surprised education wasn't second. The first 3 are more or less tied, the fourth and fifth there is more leeway to control things. Fifth is probably about right, although there will be some that say their industry is more stressful. Consider a doctor having to make a choice of saving one life or 3 with the budget. Not a very nice choice. Consider an IFA selling a product with x or x+1 commission, either way they win.

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By indomitable
16th Apr 2024 13:00

I have learnt over the years that there are always a few clients in your portfolio that cause 90 - 99% of your stress.

Identify them and get rid of them. That will go a long way to alleviating any stress you may have

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By Alan Wales
17th Apr 2024 13:12

Hello this is my first contribution, I am a retired practitioner in my late 70s having been in practice for over 45 years. Over the years the words stress and mental health have become more and more common. My experiences were such it was called a bad day,stress is very personal and over the years the expanding workload ensured that work in evenings and week ends became common place BUT as soon as I felt tired I would stop any lay down tools. My point is that everyone needs to recognise their limits.Agreed the clients can be a pain but sometimes it is good to let them know.
I am now feeling tired so I will lay my digital finger down

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