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

Allwork

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 147
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The Silent Crisis Of Workplace Loneliness: A Costly $154 Billion-a-Year Problem Stifling Business Growth And Innovation

Allwork

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 290
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Workplace Stress Is Crushing Young Employees

Allwork

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

Allwork

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 306
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Offering Financial Literacy Benefit Programs Could Save Businesses $40 Billion

Allwork

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.

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Third of UK adults experience a high level of stress each year

Workplace Insight

Over a third of adults experienced high or extreme levels of pressure and stress always or often in the past year (35 percent), according to the new annual report from Mental Health UK. The report warns that the UK is at risk of becoming a ‘burnt-out nation’.

Stress 111
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5 Ways To Avoid Well-Being Washing And Provide Authentic Support To Employees

Allwork

Genuine efforts to support employees include fostering real work-life balance and leading by example, having open conversations about mental and physical health, and adopting self-care programs. Microsoft’s 2022 Work Trends Index shows that 53% of workers are more likely to prioritize their mental health over work.

Health 325