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If your manager seems crabby lately, consider this: Six in 10 of them say their mental health has been hurt by the pandemic, according to a new survey from Prudential Financial.
That has 40% of managers saying that they are prioritizing their mental health over their career, according to the nationally representative survey of 2,000 workers. Of managers whose direct reports are working remotely, 44% said the hybrid work model had already left them burned out.
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The U.S. fell three spots to 24th in a global retirement ranking, highlighting growing pressure on employers to help workers save and plan for rising costs.
Increasing leave in the U.S. and Canada aligns with the company’s focus on retention and internal promotion, said the head of people and culture for Lush North America.
Organizations are seeing more demand for mental health and substance use services. New approaches aim to make care easier to access before employees reach a crisis.
By solving for the drivers of stress and overload, as well as supporting workers’ in daily areas like nutrition, employers can encourage a reversal of this damaging trend.
Workers estimate they’ll need over $5K in monthly retirement income, but many have no clear strategy for turning savings and investments into a steady paycheck.
