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Prepared by Aon Consulting l Health & Benefits Rhode Island Business Group on Health Annual Wellbeing Summit June 16, 2017
Emotional Fitness at Work: The Impact of Stress on Business Results and
What Employers Can Do About It
Aon l Consulting l Health & Benefits Proprietary & Confidential l May 2017 2
EMOTIONAL WELLBEING CRIT ICAL TO TOTAL WELLBEING
Wellbeing means having the appropriate resources, opportunities and commitment needed to achieve optimal function, health and performance for the individual and the organization
2
Happiness
Resilience
Growth Security
Fuel
Energy
Friends Family
Identity
Sleep Movement
Freedom
Network
Foundation
Work Colleagues
Purpose Driven
Wellbeing
Financial
Physical Emotional
Social
Attitudes and reactions to everyday
living
Energy to complete daily
living tasks
Confidently manage everyday and future
finances
Connections to others
Aon l Consulting l Health & Benefits Proprietary & Confidential l May 2017 3
Higher wellbeing levels improve business results – beyond the cost of healthcare
Employees who have strong overall wellbeing are: • 2x as likely to be engaged in
their jobs compared to employees with moderate wellbeing
• 6x as likely to be engaged compared to those who are at risk
THE BUSINESS CASE FOR INVESTING IN TOTAL WELLBEING
3
Sources: Gallup, “State of The American Workplace Employee Engagement Insights for US Business Leaders,” 2013; 2017 Consumer Health Mindset Study: Aon Hewitt, the National Business Group on Health, and Kantar Futures
22% more profitable
as organizations
75% of consumers say
wellbeing programs are a
good investment
81% less likely to seek out new employer
in next year
10% higher customer
ratings
41% less work missed because of poor
health
½ Point higher
performance rating by supervisors
Aon l Consulting l Health & Benefits Proprietary & Confidential l May 2017 4
Our Point of View EMPLOYERS’ 2017 OBJECTIVES AND CHALLENGES
Desired Objectives
Challenges
72%
Meet Cost & Budget Targets
47%
72%
Offer Competitive Benefits
45%
67%
Improve Employee Health & Wellbeing
47%
Source: Aon 2017 Health Survey
26%
Deliver Outstanding Employee Experience
14%
19%
Demonstrate Impact of Programs on Engagement
33%
Aon l Consulting l Health & Benefits Proprietary & Confidential l May 2017 5
EMOTIONAL FITNESS PREVALENCE AND COMPLEXITY
Notes – all statistics based on US Adult population Sources: 1 International Journal of Methods in Psychiatric Research; 2 Center for Behavioral health Statistics and Quality; 3 National Institute on Mental Health; 4Mental health First Aid
3.3M adults between 18–64 have a Bipolar
Disorder episode in a given year1
60% of those with a mental
disorder get no treatment4
Annually 21% of adults are treated for diagnosable
anxiety disorders1
Each year 1 in 4 adults experiences
a mental illness3
7% of adults had a major depression episode in 20142
50% of managers have no training in managing workers with an emotional
health issue4
By 2030, the World Health Organization
states Depression will be the most costly disease burden in the
world
Aon l Consulting l Health & Benefits Proprietary & Confidential l May 2017 6
Low Uptake of Resources
Provider Shortages
Symptoms Cloud Judgment
COMMON BARRIERS TO CARE
Mental Health Is in the Shadows
Viewed as a weakness in today’s culture
Unable to openly discuss struggles or support a struggling employee due to privacy concerns
Stigma amplifies the fear of losing jobs or friends
Poor attitudes towards interventions and the possibility for success
Concerns that provider would dislike them and/or provider would only prescribe pills
Increasing shortages of psychiatrists; licensed counselors; school psychologists; social workers; and marriage and family therapists
Long appointment scheduling wait periods
Providers are under-valued and also under-funded
Often overwhelmed and/or confused by program and service choices
Fear that treatment will make symptoms worse
Limited knowledge of resource availability and service offerings (e.g., EAP)
Sources: National Alliance on Mental Illness; US Department of Health and Human Services National Projections of Supply and Demand for Behavioral Health Practitioners 2013-2025; Moritz, S. The More It is Needed, The Less it is Wanted – Depression and Anxiety 2013, workforce.com
74% of those who seek care for emotional health issues encounter one or more obstacles in getting treatment
Aon l Consulting l Health & Benefits Proprietary & Confidential l May 2017 7
In 2017, 54% of consumers reported high stress levels – up 5% since 2016 37% reported an increase in stress in the past year – up 4% Consumers experiencing low stress are more likely than those experiencing high stress to view themselves as healthy
MANY ASPECTS OF L IFE ARE STRESSING EMPLOYEES OUT
7
Top
5
Stressors
50% FINANCIAL SITUATION
41% WORK CHANGES
40% WORK SCHEDULE
36% WORK RELATIONSHIPS
33% CONTROL OVER HOW I DO MY WORK
Source: 2017 Consumer Health Mindset Study: Aon Hewitt, the National Business Group on Health, and Kantar Futures
Aon l Consulting l Health & Benefits Proprietary & Confidential l May 2017 8
STRESS: A COMMON ROOT OF EMOTIONAL DISTRESS
Sources: 2017 Consumer Health Mindset Study: Aon Hewitt, the National Business Group on Health, and Kantar Futures; The American Institute of Stress
80% of U.S. workers feel stressed on the job
68% of consumers valued
“managing my stress” as the most important
factor in emotional health
Job Pressure is the #1 cause of
stress
65% of the workforce
valued taking reasonable amounts
of time off as important to life
48% of U.S. workers report lying awake at night
due to stress
Relational stressors can be a
significant cause of anxiety and depression
Employers spend $300 billion annually in stress-related health care and absence costs
Aon l Consulting l Health & Benefits Proprietary & Confidential l May 2017 9
THE IMPACT OF EMOTIONAL DISTRESS ON WORK PRODUCTIVITY
What untreated—or poorly treated—emotional distress or mental illness can look like in terms of work performance and productivity
Symptoms of Distress = Impact on Work Productivity
Sleep problems = Lower quality work, safety-related mishaps, lateness to work
Lack of concentration = Procrastination, more accidents on the job
Slowed thoughts = Indecision or trouble making decisions
Aches and pains = Trips to the doctor, increased health care costs
Forgetfulness = Poor quality work
Self-medication = Missed deadlines, absenteeism
Irritability or tearfulness = Poor relationships with co-workers, boss, or clients
Low motivation or morale = Presenteeism
Aon l Consulting l Health & Benefits Proprietary & Confidential l May 2017 10
EMOTIONAL FITNESS AT WORK
Emotional Fitness at Work
Belonging Positive work relationships Feeling valued and respected Company loyalty and
acceptance
Flourishing Sense of fulfillment Helping Others /
Community Growth and Development
Essentials • Funds to afford food,
clothing, shelter, and emergencies
Healthy sleep, movement, and social interaction
Safety, job security and satisfaction
Purpose Feeling good about
oneself and team Adequate rewards
and recognition Confidence
coupled with meaningful goals and objectives
Adapted from Maslow’s Hierarchy of Needs
Emotional fitness at work is achieved when organizations cultivate workers’ essential needs, impart a sense of belonging, instill purpose and provide an ecosystem of opportunities to help employees flourish
Aon l Consulting l Health & Benefits Proprietary & Confidential l May 2017 11
IMPACT OF EMOTIONALLY F IT WORKPLACE
11
69% Availability of
adequate stress management
resources 36%
74% recommend
employer as good place to work
57%
7%
Employee turnover
38%
71% Availability of
adequate mental health resources
45%
83% Employees
motivated to do their best 70%
66% Organization
promotes healthy lifestyles 40%
Emotionally Fit Workplace
National Average
Sources: American Psychological Assn. and U.S. Department of Labor, 2014
71% Alignment of
employee and organizational
values 51%
68% Organizational practices take diversity into consideration
46%
Aon l Consulting l Health & Benefits Proprietary & Confidential l May 2017 12
RESOURCES FOR EMOTIONAL WELLBEING
Resilience training – Strengths-based approach
– Empathy, Relationships and Trust – Effective communication
– Active Listening Employee resources
– Infiltrate all EFW services and support – Reposition and reframe the EAP, including
targeted and culturally relevant outreach – Maximize Work Life services
Proactive anti-stigma campaigns Stress management skill-building
– Mindfulness-based stress reduction – Meditation – Yoga