
Peter Newhouse
Global Reward Counselor
July 30, 2024
12 Billion
working days are lost every year globally to depression and anxiety at a cost of US $1 trillion per year in lost productivity.
While the COVID pandemic has subsided, burnout and stress in the workplace remain well above pre-pandemic levels. Studies by Google, Gallup, McKinsey, Workhuman, and more reveal this is a global phenomenon crossing borders and industries, impacting the performance and wellbeing of millions of workers. In fact, the WHO estimates that 12 billion working days are lost every year globally to depression and anxiety at a cost of US $1 trillion per year in lost productivity. That said, a positive work environment can protect mental health and promote the general wellbeing of employees. It's also one of the most effective ways companies can respond to stress factors that are often beyond their control. So, how can HR departments most effectively use their increasingly stretched budgets to most impact employee wellbeing?
In this episode, we’ll discuss:
What “total wellbeing” is.How and why workers are being impacted, including new ways of working, financial uncertainty, discrimination and inequality, and more.The effect this has on the individual and the organization.How to leverage policies like flexible work arrangements, resources like wellness and mental health programs, and tools like Social Recognition to make a measurable difference.The future of work is ever-changing and you need to keep up in order to stay ahead. Radical changes in technology, work models, and employee sentiment have all crossed into uncharted territory. With this Workhuman® Spotlight Series, we’ll talk through how HR can adapt to the new world of work.
"Thank you for this episode, it was really informative and encouraging, especially discussing the future of the work force regarding company, management and employee relations."
"The conversations during this event gave me so much to think about and I'm looking forward to further discussion with my team."
"Very insightful, resourceful information that will assist in the growth of retention."