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The high cost of poor health: The latest from Willis Towers Watson
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The high cost of poor health: The latest from Willis Towers Watson

"The Willis Towers Watson Global Benefits Attitudes Survey (GBAS) survey takes an in-depth look at the role of benefits in defining and differentiating today’s employee value proposition.

Source: www.willistowerswatson.com

The high cost of poor health is just one of the many startling findings in Willis Towers Watson's biennial survey of over 31,000 global employees. In particular, when compared to employees in good health, those in poor health:

  • Take twice the number sick days
  • Are twice as likely to be disengaged
  • Three times more likely to report above-average or high stress

Employees with financial worries fare even worse than those with poor physical health. That's critical because financial well-being has taken a nose-dive in most developed countries.

  • In the U.S, short-term financial security dropped 13 percentage points between 2015 and 2017 (from 48% to 38% reporting they feel secure).
  • More than half of global employees live from paycheck to paycheck and report they'd be unable to come up with $2k if they suddenly needed it. 

In spite of all the attention employers are paying to health and well-being programs, less than a third of U.S., Canada, and EMEA employees feel the initiatives have helped them live healthier lives. 

The report suggests employers focus on:

  • Financial counseling, tools, and training
  • Flexibility and choice among well-being programs
  • Increasing employee engagement with programs

 


An answer to the question “What’s the ROI of Employee Well-Being?”  
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An answer to the question “What’s the ROI of Employee Well-Being?”  

"Kate Lister breaks down the impact of the workplace on well-being and the steps to take to create a culture of well-being."

Source: workdesign.com

This article offers:

  • The financial impact of of poor health and well-being on productivity lost, reduced engagement, and turnover 
  • The cost of healthcare, absenteeism, and presenteeism for the top chronic diseases
  • A persuasive way to use a simple breakeven analysis to get your program funded
  • Simple steps to kick-start a workplace well-being initiative.


Stress does NOT decrease longevity…unless you believe it does
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Stress does NOT decrease longevity…unless you believe it does

Eight year study of 28k people "found that having a lot of stress in your life was not linked with premature death. But having a lot of stress in your life and believing it was taking a toll on your health increased risk of dying by 43 percent.

Source: www.nytimes.com

The lesson here is we need to learn how to change how we think about stress and even use it to our advantage.

 

The next time you're feeling stressed, think about how: 

  • That pounding heartbeat gathering energy to ready your body for the challenge
  • Your heavy breathing is simply oxygenating your brain to help you think more clearly
  • Your increased blood pressure is fueling your muscles and strengthening your body


Workplace civility spiraling down and with it goes productivity, trust, and loyalty. Here’s what to do about it.
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Workplace civility spiraling down and with it goes productivity, trust, and loyalty. Here’s what to do about it.

Research shows that hurtful workplace behavior can depress performance, increase employee turnover, and even mar customer relationships.

Source: www.mckinsey.com

A full 62% of employees say they've been treated rudely at work (up 27% since 1998). Three quarters of victims say the incident reduced their commitment to the organization. A quarter admit to taking their frustration out on customers. 


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