Bouncing Back from “The Great Resignation”

The ‘Employee Stress Check 2021 Report’ conducted by the Harris Poll and Talkspace for Business has found that 67% of employees who are ready to resign think employers have not fulfilled pandemic promises around mental health and well-being. With 50% of employees believing that work has become too stressful, and 41% likely to consider a job change to resolve stress– is quitting the right move? While many have spoken about a “great resignation”, there’s often a “great reflection” that comes first. This period represents a critical time for both employers and employees to understand what’s wrong and take positive steps to address the challenges that lead to resignation.

DID YOU KNOW?

  • At least 25% of employees are underperforming regularly at work due to stress.
  • 34% of employees are having a hard time sleeping and 27% feel short-tempered.
  • Certain demographic groups have unique and greater reactions to stress. For example, working moms are 35% more likely than others to lose focus at work due to stress. Employees under 35 are 44% more likely than others to make avoidable mistakes at work due to stress.
  • Although 52% of employees report burnout, less than 20% are using the company benefits they believe are “most helpful” for mental health. This signals that employees may not be fully aware of what’s available, or they may need to feel more comfortable to pursue sign up.
  • Nearly 60% of employees believe that supportive management can improve retention. “A manager that prioritizes mental health” is more highly ranked by employees than both a strong culture and mentorship.
  • Employees want more than pay – six of the top ten reasons employees would stay at a job are connected with management, leadership, and culture across all demographics.
  • The benefits of therapy on individual performance exceeds employee expectations by as much as 41%.

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