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The prevalence of financial stress and its capacity to heighten various workplace psychosocial risks warrants a more proactive approach from employers, an educator says.

Research shows financial stress doubles the existing risk of a mental health crisis, and at present, around one in six Australians report being "financially unwell", says Yenom founder Amanda di Medici.

Financial stress can feel all-consuming, but many employees don't realise the extent of its effect on their wellbeing, she tells HR Daily.

"Consider a bandwidth pipe that might be running at 100 megabits per second," di Medici says. "As the financial stress comes, [it] slows..."