Mental health has a profound impact on the workplace, especially during times of increased workloads, global crises, and economic uncertainty.

Aon’s 2022-2023 Global Wellbeing Survey found that mental health was the most frequently listed employee issue, named in the top five by 41 percent of respondents. Employees often find themselves grappling with mounting stress and burnout as they navigate these challenging circumstances. The pressure to meet rising demands while dealing with personal anxieties can take a toll on their well-being. Consequently, productivity may decline, creativity may wane, and team dynamics may suffer. It is crucial for employers to recognize the significance of mental health and create a supportive environment that fosters well-being. Implementing strategies such as promoting work-life balance, providing resources for mental health support, and encouraging open communication can help mitigate the adverse effects and cultivate a healthier and more productive workplace.

Our research shows that the most important factor affecting financial wellbeing is a person’s relationship to and behavior with money. It’s a trait that hardens within people at a young age, and change is slow. Programs that allow employees to make incremental progress toward changing their behavior, rather than just addressing one aspect of financial wellbeing, have a much greater chance to meet employee needs.

In the past few years, wellbeing has become a critical component of people strategy and is now a top priority for all leading organizations. While we see financial wellbeing emphasized in the current climate, other areas of wellbeing will continue to be high on the agenda of those companies seeking to lead their markets. Employers are increasingly seeking to capitalize on low-cost benefit opportunities that can deliver a positive impact for their employees; for example, low-cost wellbeing apps that support employees with their physical and psychological wellbeing along with integrating financial wellbeing through the inclusion of pension and insurance support. Download the white paper to learn more.

Health and wellbeing costs have become an important concern for companies as year-over-year medical plan costs continue to rise.

These rising rates often bring unexpected or unbudgeted cost increases and make affordability for employers and employees more difficult. At the country level, companies looking to mitigate these increased costs are using a familiar set of strategies. Wellbeing initiatives are again the leading mitigation strategy. These initiatives help to control costs in a couple of ways: by encouraging utilization of preventative care, they can avoid more expensive care down the road; and by keeping employees engaged in their wellbeing, they can reduce the stress that can exacerbate other health conditions. Read More

Today, only around 30 percent of employees globally identify as being resilient. This has a huge impact on mental health, productivity, agility and our sense of belonging. In this podcast, Rachel Fellowes , Chief Wellbeing Officer at Aon, discusses managing loss and grief.

Rachel Fellowes shares her thoughts on this conversation with Julia Samuel in her LinkedIn blog post.

Michael Burke , Executive Chair of Talent talks about the wellbeing workplace challenges in the technology and manufacturing sectors.

Farheen Dam , Head of Health for North America shares the latest research predicting extreme employee healthcare costs increases for 2024.