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Beyond safeguarding public health, it revealed unexpected benefits: increased productivity, reduced costs, and greater work-life balance/employee satisfaction. More than 84% of federal employees and managers surveyed said telecommuting has improved both the quality of work and customer satisfaction.
A recent Gympass study found that companies with corporate wellness programs had 35% lower healthcare expenses compared to those without. A recent Gympass study found that companies with corporate wellness programs had 35% lower healthcare expenses compared to those without.
Mental health has been top of mind for employees and employers alike for a few years now. But some companies are continuing to push to improve the lives of their employees or their clients as innovators in the future of mental health. Here are the companies pushing toward change in mental health in 2024.
Research shows that employees who make poor dietary choices are 66% more likely to be less productive than their health-conscious colleagues. It seems likely that many workplaces may limit or exclude coverage, but is healthcare coverage actually the biggest cost associated with workplace health problems? Poor nutrition.
A new survey shows that most hourly workers have little to no emergency savings as inflation continues to climb. . The survey from payment platform Branch found that 83% of 3,000 hourly worker respondents had less than $500 in emergency savings, while almost half said they had none at all. .
However, in the face of inflation and an expected recession, a survey finds that employee desires are shifting. . According to a new survey from Betterment at Work, workers are more concerned about financial stability as they look to the future. Just one year ago, employee’s most valued having flexibility at work.
We all know expenses exist, but the numbers keep adding up—rent, water, trash, electricity, cable, Internet, car insurance, renter’s insurance, gas, cell phone. According to a Gallup survey , only one in three Americans prepares a detailed household budget. Check out your expenses from last month and then categorize each transaction.
In a new survey, 62% of people said “vacation time” is one of the most important job benefits. . In a new survey , 62% of people said “vacation time” is one of the most important job benefits, following closely behind remote work (77%) and salary (83%). .
Unfortunately, the odds aren’t necessarily in their favor: A survey of pandemic entrepreneurs found that more than half believe their business will fail within the year without extra aid. After all, without cash flow and a solid financial plan that includes costs and expenses, you won’t be able to get your business off the ground.
Gone are the days when new employees received a list of the company holidays during onboarding and a packet with information about how to sign up for health care and retirement benefits. As with benefits focused on mental health, interest in financial wellness has increased since the onset of the pandemic, he adds.
A survey by Insider and Morning Consult from 2019 showed that millennials were more likely to put off buying houses, making career moves, undergoing medical procedures and even getting hitched—all because of cash-related reasons. So only adjust your emergency fund if your monthly expenses increase, you get a raise, or you gain dependents.
MyPerfectResume found that 85% of surveyed American workers are worried about losing their jobs, while 78% of them predict a recession is imminent. Social Impact: The human cost of a recession can be significant, affecting mental health, increasing poverty rates, and causing housing and food insecurity for many individuals.
A recent survey of 175 office workers in the U.K. of survey respondents citing travel expenses and time as their major concerns. of survey respondents citing travel expenses and time as their major concerns. A recent survey of workers in the U.K., Why would people go to the office? More specifically, 52.2%
77% of employees say financial stress is affecting their mental health, and 52% said it’s impacting their physical well-being. . 77% of employees have said it’s affecting their mental health, and 52% said it’s impacted their physical well-being. This can be prohibitively expensive for some, especially if you have dependents.
“This shift is partly driven by the desire to avoid the burnout experienced by their predecessors, who often worked long hours at the expense of their personal lives.” Mental health and addiction issues on the rise The Association of American Medical Colleges published an article called “ Men and mental health: What are we missing?
We fear that slowing down and organizing will kill our productivity, but the facts suggest otherwise: The average office employee spends “at least two hours a day—or 25% of their workweek—looking for the documents, information or people they need to do their jobs,” according to Glean ’s 2022 Hybrid Workplace Habits & Hangups survey. “54%
Workers widely support flexible working, with some surveys indicating employees would leave their jobs if they were refused such arrangements. . Evidence has accumulated that shows workers widely support flexible working on a grand scale, with some surveys indicating employees would leave their jobs if they were refused such arrangements. .
between the ages of 45-60, roughly the average age range for menopause, according to a Mayo Clinic survey. The average age of menopause is 51 years and symptoms become prevalent up to 10 years prior to onset,” according to Catherine Hansen, MD, OB-GYN and telehealth MD at Pandia Health. In the survey, 10.8% were accepting of it.
Here are some actionable tips that employers can take to help their employees prepare for economic downturns and unexpected expenses. Without simply increasing wages, what course of action can employers take to prepare their employees for economic downturns and unexpected expenses? So what can companies do?
Census Bureau’s Current Population Survey and found that around 41% “of all survey participants with a Bachelor’s degree or higher said they worked remotely full-time or in part during the week before being surveyed.” <a href=”[link] title=”Infographic: Who Is Working From Home in the United States?
They express significant satisfaction with their work, according to the annual Fiverr surveys. Some 38% of respondents to the Fiverr survey said they raised their rates in 2023, 43% said they increased their revenues last year and 55% said they expect to earn more in 2024. Several key factors drive people to the gig economy.
Future Forum reports in a recent survey that more than a third of knowledge workers (34%) have reverted to working from the office five days a week. State Farm also prioritized health and wellness for its 6,000 employees by constructing an outdoor amenity deck at its Southeast headquarters, Park Center, in Atlanta.
A new survey confirms what experts have been warning about: pay is not keeping up with the cost of living. According to a Bank of America-sponsored survey, a whopping 71% of employees say that their wages have not kept up with the pace of inflation in July, up from the 58% who said so in February. . seen in June.
According to the most recent study by Statista , there are almost 24,000 coworking spaces globally, and per the most recent Zippia survey , more than 6,200 of these spaces are concentrated in the United States. s increase in coworking spaces too, like government support, growing startup ecosystems, and expensive commercial properties.
Rising prices may be a factor: Americans are cutting back on spending, with 64% of adults spending less on “nonessentials,” according to a 2023 joint survey of Statista Q and We Are Social. Digital or e-cards are a good option if you still want to send holiday greetings, but without the time commitment and expense of mailed cards.
Are work retreats a worthwhile investment in your workforce, or merely another expense? Gathering input through surveys or focus groups can help tailor the retreat to meet employees’ preferences and needs, making it more engaging and relevant. So how should leaders decide if their team needs one or not?
According to a Kaiser Family Foundation survey , less than a third intend to get the new boosters. A CDC survey from June 2022 shows that 7.5 An internal survey my company just completed for a Fortune 500 SaaS company showed that 64 percent of respondents felt somewhat concerned about COVID in the office.
“I would lie there and catalog the things I had bought over the years that now made absolutely no sense to me: that luxury car lease, that tech gadget, that suit, that watch, that ridiculously expensive bottle of wine.” (And Since 2007 the American Psychological Association has conducted an annual survey called “ Stress in America.”
This strategy is a good way to steadily populate your workforce with high performers and avoid the expense and embarrassment of a hiring mistake. According to a Robert Half study from 2022, six out of 10 business leaders surveyed admitted they settled for lesser candidates. Not surprisingly, they regretted their choices later.
The Link Between AI and Work-Life Balance According to a survey conducted by TechNET IT Recruitment, AI has enabled each recruitment consultant to save an average of 21 hours per week by automating routine tasks such as data input. The survey further highlights that 59% of employees using AI reported higher job satisfaction.
Harvard Business School and Accenture surveyed over 8,000 hidden workers for the report, and more than 2,250 executives across the US, UK and Germany. 44% of middle-skill hidden workers reported that finding work was just as hard pre-Covid-19 as it was during the research’s 2020 survey period. Consider the application UX.
A survey into the growing trend of working remotely while traveling (conducted by Lonely Planet and Fiverr) has revealed that over 50% of all respondents have become “Anywhere Workers” in the last two years. The report was based on a survey of 1,400 Anywhere Workers from six different countries and 67 nationalities. .
According to a recent Deloitte survey, climate change has emerged as a pressing issue for Gen Z and millennials, compelling them to demand action from their employers to tackle this global threat. A staggering 90% of Gen Zs and millennials are actively striving to minimize their carbon footprint and positively impact the environment.
Employees and employers are weighing the costs of commuting against the benefits of in-person work, with many finding that the expenses and time associated with commuting need to be balanced by other compensations. And other research has shown that enjoying meals with others is associated with better physical and mental health.
We talk a lot about wellness from a mental health point of view, and we talk about it from a physical health point of view. But we also saw in a recent survey that we just did, this concept is not new, but whenever you choose a job, you essentially choose a company, and the company chooses you. But this to me is the beauty.
Office presence should be for a compelling purpose that surpasses the notable expenses, in terms of time, finances, and stress associated with commuting. A Hubble survey demonstrated that 79% of participants enjoyed the absence of commuting, making it the top-rated advantage of working from home.
In a world where growing professionally is more important than ever (a 2019 survey found that mentorship had “ an outsize impact on a worker’s career across several measures ”), understanding how to become a mentor will help you offer your experience and expertise to others.
A 2020 survey found that 17.5% of employees surveyed don’t speak up at all at work when it comes to difficult topics. But at what expense? Sensitive topics like mental health, workload concerns and interpersonal conflicts are often challenging to address openly,” Bevins notes.
Learn how Rocket Money empowers users to take control of their financial health and find financial freedom and how you can take the next step to see if this tool is right for you. You can begin managing your money and tracking your financial health from there. household wastes $32.84 monthly on unused subscriptions. It’s simple.
They claim their hourly wage, starting at around $19, is insufficient to cover Austin’s living and relocation expenses. A survey of nearly 14,000 workers found that almost 75% preferred remote work. The strike followed a union recognition request, leading some to suspect retaliation.
Although some experts have argued that working from home can be just as expensive as commuting due to rising energy and utility bills, professionals agree that remote work is the more economical option. . So while health concerns were the number one concern initially, now commuting costs are the major concern.” .
That keeping up with the Joneses can lead to expenses surpassing income—and the debt that comes with it. A survey from Debt.com found that millennials carry the highest debt load—13% of that age group have accrued $10,000 to $30,000 in debt. have maxed out their credit cards to cover expenses due to inflation. in 2011 to 27.3
A new survey shows that businesses are turning to price hikes before slashing employee benefits and salaries as the world braces for a recession. . Rather, many are turning to other cash-burning to other areas of their business to alleviate expenses. . “If
According to a 2023 survey, 73% of American workers are concerned about climate change, and 61% said they want to see their company “take a stronger stance on the environment.” employees surveyed said they would even “consider resigning from their job if the values of the company did not align with their own values.”
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