Friday December 01 , 2023

Posts Tagged ‘workaholic’

Traders Seek Help

In a recent news report that appeared in The Sun, City Beacon comment upon a 20% increase in city traders who have requested counselling services this year. Managing director Richard Kingdon said many were turning to drugs and alcohol as an “anaesthetic”. He told The Sun: “It’s allowing them to bury their heads deeper and deeper into the sand.”

He claimed bankers felt hated by the public and were being put under increasing pressure by their own bosses. He said: “Banks and financial institutions are using lower profit forecasts to cut staff bonuses, salaries and jobs.

“Denial is the name of the game in the City. No one — and no company — wants to admit there’s a serious addiction problem.”


Workaholism is on the rise, but there’s a ‘cure’

City workers who have suffered stress, anxiety and mental health problems due to the strains of the recession will recover with a better work/life balance, according to City Beacon, the only dedicated addiction counselling service for finance industry workers based in the Square Mile.

In addition, evidence is already growing to support the theory that workers are less fearful of the future and are recording higher levels of job satisfaction than before the recession hit.

Richard Kingdon, director of City Beacon, which treats white collar addicts, says that the service has seen a rise in the number of people facing addiction problems. They are not only suffering from dependence on drugs and alcohol but also from addiction to their jobs.


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