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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. There is also a growing need for companies to develop work environments that prioritize work-life balance and employee well-being to boost their attraction and retention of top talent.

Health 147
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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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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). According to the BBC report , researchers have found that the stress endured by this generation is due to a conflation of several unfortunate events.

Stress 246
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Offering Remote Work Options Creates a Diverse, Equitable, and Inclusive Workplace Environment

Allwork

Allwork.Space and Alliance Virtual Offices conducted a survey, and also analyzed third party research, to understand how remote work impacts individuals’ health and wellbeing. . Workers Thrive When Given the Choice of Work Environment . Remote work reduces stress by 39%. . Working from Home Significantly Reduces Stress .

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Emotionally Intelligent Leaders Create The Safest Work Environments

Allwork

Today’s challenging economic climate and the increase in levels of work-related stress mean that psychological safety at work has never been more important. A psychologically safe work environment enables individuals to take interpersonal risks and organizations to become more innovative and creative.

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The Hidden Costs of Unlimited PTO

Success

Burnout is a known contributor to low profitability , but it’s important to acknowledge that unlimited paid time off will not address employee stress, burnout and disengagement on its own. The Hidden Costs of Unlimited Paid Time Off. The post The Hidden Costs of Unlimited PTO appeared first on SUCCESS. Not necessarily.

Policies 244
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How Will Employee Attitudes And Needs Evolve In 2024?

Allwork

In 2024, ongoing stress, burnout, persistent loneliness, and the looming “ Great Gloom ” will pose significant threats to employee wellbeing. While symptomatic stress shows a decline, a record low in American workers’ positivity is evident, with 75% expressing a more negative outlook toward the state of the country.

2024 296