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- An average of 48 days per employee were lost in 2022 due to
health-related absences and presenteeism1
- Absences and presenteeism are costing employers close to
$645 million
annually1
- 18 to 24-year-old workers have poorer results in key mental,
physical, and financial health indicators combined with higher
productivity loss compared to older age groups1
TORONTO , April 11,
2023 /CNW/ - Manulife's 2022 Wellness Report,
an assessment of existing workplace wellness measures of Canadian
employers, highlights that a sizeable portion of Canadian workers
are struggling to take care of their health and well-being,
resulting in a significant drop in productivity throughout the
workforce.
"While some productivity loss due to absences and presenteeism
is expected, it is concerning to see these numbers have increased
year-over-year, for the past three years," says Ashesh Desai, Head, Group Benefits, Manulife
Canada. "In response to this trend, I encourage leaders and
organizations to focus on the needs of their employees and design
innovative, health-focused plans to support stronger, healthier
cultures and high performance."
The pandemic put new pressures and strains on Canadians, and as
a result, we're seeing potential effects on their health continue
three years later. According to The Wellness Report, the
average number of days lost to absences and presenteeism has
increased by seven days compared to data from 2021, and the health
of younger Canadians (18 to 24-year-old workers) shows worrying
trends. The data also shows poor sleep is associated with decreased
levels of physical and mental health – with work-related stress
being the top contributor to poor sleep.
"The trends in this report underline the close connections
between stress and sleep, and physical and mental health – and
offer insights into how to help support employee health and
well-being," says Dr. Steve Pomedli
of Cleveland Clinic Canada. As Medical Director for Manulife,
Cleveland Clinic Canada reviewed The Wellness Report and
analyzed its key findings.
However, The Wellness Report identified that workplace
culture, including the availability of programs and support from
management, has an important influence on employee health. The
report identified that employees of the top scoring participating
organizations were more aware of the programs available through
their employer to support their physical and mental health.
_______________________
1 This
figure represents employers who participated in The Wellness
Report.
|
Starting with management, these top organizations have built an
environment in which employees feel supported in achieving healthy
lifestyles and habits, resulting in higher productivity, and nine
fewer days lost to absences and presenteeism.
To read the full report:
https://www.manulife.ca/business/group-benefits/wellness-report/wellness-report-in-2022.html
About The Manulife Wellness
Report 2
Since 2020, more than 18,300 employees and more than 170
organizations have participated in The Wellness Report. In
2022, 47 Manulife Group Benefits corporate customers participated,
and 4,921 employees responded to the online surveys. The
Wellness Report surveys were conducted in February, May, and
October 2022.
The Wellness Report powered by Manulife
Vitality for Group Benefits, is free for Manulife
Group Benefits or Group Retirement customers, and after
participating, qualifying organizations receive a free tailored
health report. To learn more and sign up to participate, visit
Manulife.ca
All statistics and data within this document were pulled from
the 2022 Wellness Report survey results. Manulife
collaborated with Phase 5 and RAND Corporation to conduct The
Wellness Report surveys and reporting.
About Manulife
Manulife Financial Corporation is a leading international
financial services provider, helping people make their decisions
easier and lives better. With our global headquarters in
Toronto, Canada, we provide
financial advice and insurance, operating as Manulife across
Canada, Asia, and Europe, and primarily as John Hancock in the
United States. Through Manulife Investment Management, the
global brand for our Global Wealth and Asset Management segment, we
serve individuals, institutions, and retirement plan members
worldwide. At the end of 2022, we had more than 40,000 employees,
over 116,000 agents, and thousands of distribution partners,
serving over 34 million customers. We trade as 'MFC' on the
Toronto, New York, and the Philippine stock exchanges
and under '945' in Hong Kong.
Not all offerings are available in all jurisdictions. For
additional information, please visit manulife.com.
_____________________
2 The
Wellness Report is free for Manulife Group
Benefits or Group Retirement customers, and after participating,
qualifying organizations receive a free tailored health report. To
learn more and sign up to participate,
visit Manulife.ca
|
SOURCE Manulife Financial Corporation