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Employers Struggle to Address Rising Financial Stress Across the Workforce

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Rising financial stress among younger generations of American workers is impacting workplace productivity, mental health, and overall well-being across the workforce, despite employers’ best efforts to put these worries at ease. The implications of such financial distress are profound , costing U.S.

Stress 219
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The Hidden Cost of Workaholism on Employee Health and Well-being

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The study is a reminder of the increasing demands of the workforce to balance dedication to work with personal health and well-being. This could involve implementing flexible working hours, encouraging time off, and/or providing support for employee mental health.

Health 144
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The Silent Crisis Of Workplace Loneliness: A Costly $154 Billion-a-Year Problem Stifling Business Growth And Innovation

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Unaddressed workplace loneliness can lead to various health issues among employees, including a heightened risk of premature death ( 26% ). That’s the cost of lost earnings for U.S. That’s the cost of lost earnings for U.S. costs employers a staggering £2.5 business due to workplace loneliness.

Health 270
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Workplace Stress Is Crushing Young Employees

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Gen-Z appears to be the most stressed cohort of workers; a recent BBC report revealed that a staggering 91% of 18-24-year-olds are stressed (compared to 84% of employees overall). By 2025, Gen-Z will comprise 27% of the workforce across OECD nations. and Canada. and Canada.

Stress 246
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Why It Pays To Promote Mental Health In The Workplace

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The promotion of mental fitness and resilience in the workplace not only reduces stress and burnout but is also beneficial for financial success. . Failure to address workplace stress is currently costing an estimated $190m billion in healthcare costs. Mental Health Awareness,? The month of May is dedicated to?

Health 287
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3 Strategic Reasons Businesses Need To Prioritize Workplace Nutrition

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Research shows that employees who make poor dietary choices are 66% more likely to be less productive than their health-conscious colleagues. Increasing media attention on the popularity of weight-loss drugs like Ozempic over the past year has raised concerns about costs for workplace insurance plans. Poor nutrition.

Health 300
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Offering Financial Literacy Benefit Programs Could Save Businesses $40 Billion

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High financial stress among employees, including those with high incomes, can lead to mental and physical health impacts, which cost businesses in lost productivity. The implications of such financial distress are profound, costing U.S. businesses approximately $40 billion in lost productivity in 2022 alone.