Dive Brief:
- Workers’ concerns about mental well-being fell in 2024, with employees scoring their level of concern a 5.5 out of 10, compared to 5.8 out of 10 the year before, according to the 2024 Workplace Wellness Survey published Friday by the Employee Benefit Research Institute and Greenwald Research.
- While concern about financial well-being is also falling, half of the 1,005 American full-time and part-time workers surveyed said they are worried about financial well-being, the report found. Employees rated their financial well-being concerns a 6.3 out of 10, and three-quarters of workers said debt is a problem for them.
- Fifty-six percent of workers said they are very or extremely satisfied with their job, and 14% said they were dissatisfied. Roughly 1 in 5 workers noted an increase in their company’s efforts to manage their well-being, and two-thirds said their company is expending the same amount of effort, the report found.
Dive Insight:
Despite well-being improving overall, workers are still reporting burnout.
Nearly 8 in 10 employees said they have experienced burnout in the past year, according to an Oct. 28 report by software company isolved. The more than 1,000 full-time U.S. workers surveyed identified burnout as the top reason they don’t go “above and beyond” at work.
Companies continue to turn to expanded mental health and wellness benefits to combat burnout and the associated disengagement.
“While concerns about well-being have trended down during the past two years, some American workers continue to face challenges affording their basic needs,” Greg Hershberger, managing director of health and benefits for Greenwald Research, said in a statement.
Of those surveyed by EBRI and Greenwald Research, nearly 8 in 10 said they have problematic credit card debt, driven by groceries (52%), vehicle expenses (49%) and household utilities (36%).
