A report on the Business Wire indicates that, according to MetLife’s 8th annual Employee Benefits Trends Study, 68% of employees said that over the last 12 months they were affected by increased feelings of job insecurity, a decrease in the quality of their work, an increase in their workload or being distracted at work because of financial worries.
The challenge, of course, is that managers are asking more from their employees because of the very conditions that are causing these stresses.
What would help? The MetLife report suggests that providing access to health and wellness programs, work/life balance programs, and financial advice and guidance in the workplace could be a win-win as approximately eight out of ten employees say that they believe their productivity would be favorably impacted by these programs:
* 77% of employees said financial advice and guidance programs would improve their productivity.
* 81% said that health and wellness programs would improve their productivity.
* 82% stated that work/life balance programs would improve their productivity.
Many employers have yet to act on this information, however, even when they recognize the value of such wellness programs. Read more.