Pension & Benefits News Employees want additional help from employers to improve their financial and mental health
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Wednesday, July 24, 2019

Employees want additional help from employers to improve their financial and mental health

By Pension and Benefits Editorial Staff

Nearly one in three U.S. employees would like their employers to provide more assistance to improve their financial health while more than a quarter would like additional support for mental health, including how to cope with burnout, according to a survey of more than 2,200 employees conducted by the National Business Group on Health. Additionally, employees’ overall well-being is associated with access to health-enabling communities near their workplace.

The survey found nearly a third of employees (32 percent) cited financial health as the one dimension of well-being they would like their employers to address more than they do today. The top areas employees cited as wanting help to improve their financial health were with health care and prescription drug costs (34 percent) and housing costs (26 percent).

When it comes to mental health, 27 percent of employees are looking for more support. The survey found that two in five employees want help with “burnout at work” specifically, while roughly a quarter would like help so they can sleep better and become more resilient.

“The message from employees to their employers on well-being is loud and clear,” said Brian Marcotte, President and CEO of the National Business Group on Health. “Employees are looking to their employer to provide support on all areas of well-being – not just physical health programs focused on losing weight or understanding health risks – but those designed to help employees meet their financial, mental, community and social health goals.”

Employees with access to health-enabling communities report higher levels of well-being compared with employees whose workplace communities that lack in these supports. Six in ten employees (59 percent) whose workplace community supports well-being reported higher well-being levels, more than double the 28 percent of respondents who said their workplace community doesn’t support well-being.

Employer investment in multiple dimensions of well-being correlates with high levels of employee well-being, according to the survey. Among employers that support 4-5 well-being dimensions, nearly six in ten employees (58 percent) claimed their overall well-being was excellent or very good, compared to 43 percent at employers that support only 1-3 dimensions. Additionally, nearly nine in 10 employees at employers that support 4-5 dimensions say their job performance is excellent while more than three quarters (77 percent) say they have an excellent or very good impression of their employer. More than half of these employees (57 percent) would recommend their employer to other job candidates.

SOURCE: www.businessgrouphealth.org

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