Sarah Asebedo and her colleagues found a preliminary link between being a workaholic and reduced physical and mental well-being.
Workaholics were defined as those working more than 50 hours per week. They were found to be more likely to have reduced physical well-being, measured by skipped meals. Researchers also found that being a workaholic was associated with reduced mental well-being as measured by self-reported depression.
Asebedo says the link between being a workaholic and personal well-being has been assumed for years.
But the doctoral student in personal financial planning and conflict resolution says there was a lack of research supporting the link until now. The study will appear in Financial Services Review, a journal of individual financial management.