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Finances, Job Security: Stressing Out Employees

Workplace Options conducted a survey to develop catered programs that uncovered job insecurity and financial stress as today’s main concerns.

According to the survey, 50 percent of respondents listed the economy as the biggest impact on stress level. Fifty-two percent of respondents between 46-65-years-old blamed their stress on the economy and 15 percent pointed their finger to work-related issues.

Biggest Impact on Stress Level

Base

Age

18 to 29

30 to 45

46 to 65

Older than 65

Work

16%

28%

23%

15%

4%

Health

15%

10%

9%

16%

25%

Economy

50%

35%

49%

52%

49%

Family

19%

26%

19%

17%

23%

Source: Workplace Options

Fifty-four percent indicated their stress level increased within the past six months compared to 9 percent citing their stress decreased.

Change in Stress Level

Base

Age

18 to 29

30 to 45

46 to 65

Older than 65

Increased

54%

48%

59%

54%

45%

Decreased

9%

17%

3%

9%

11%

Remained the Same

38%

35%

38%

37%

44%

Source: Workplace Options

Finances was selected by 35 percent of respondents as a distraction at work. Recognizing the workplace concern, Workplace Options "offers financial consulting resources that provide comprehensive telephonic support and education to help employees avoid financial trouble and attain goals. Additional financial services include help with debt management, bankruptcy prevention, credit report review and access to Certified Financial Planners."

The second distraction at work noted by respondents is job security, affecting 24 percent of 18-29-year-olds, 27 percent of 30-45-year-olds and 19 percent of 46-65-year-olds.

Distraction at Work

Base

Age

18 to 29

30 to 45

46 to 65

Older than 65

Finances

35%

45%

38%

36%

26%

Relationship or Family Trouble

17%

13%

18%

18%

14%

Job Security

19%

24%

27%

19%

5%

Caregiving Responsibilities

10%

10%

12%

9%

12%

Health

18%

8%

6%

18%

44%

Source: Workplace Options

"Baby Boomers are experiencing a challenging time in this economy. They have spent their entire lives working toward a goal of retirement and some are now faced with the possibility of being sandwiched between the desire to retire and the need to make up for lost income, investments and savings over the past year," said Dean Debnam, CEO of Workplace Options.

On top of the realization that they might not retire when previously planned, "Boomers may feel insufficient in terms of technology and job flexibility compared to their younger counterparts," said Workplace Options.

"Delays in retirement compounded by fierce competition in the workforce can lead to immense stresson workers," said Debnam, "enhancing one’s skill set combined with workforce reentry training can ease fears of inadequacy in an older worker."

The survey was conducted from by Public Policy Polling of 644 American workers. 

Address: Workplace Options, Corporate Headquarters, 3020 Highwoods Boulevard, Suite 100, Raleigh, NC 27604; (800) 699-8011, www.workplaceoptions.com.



Support From Senior Management Should Be Part Of A Wellness Manager’s Job Description

February 18, 2010

It is no secret among wellness managers that the most important key to the overall success of a wellness program is the support of senior management. And, the success of the Intel Health for Life 3 Step Wellness Check program is proof positive.

Full Article



New Survey Findings: Incentives As A Motivator To Participate In Wellness Programs Continues To Grow

January 28, 2010

The majority of wellness managers say their programs offer incentives to employees or members for participation. Some 76.6 percent of wellness professionals reported their program includes some form of formal incentives, found the results of the survey conducted by the Institute for Workplace Wellness and Health Promotion.

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Bonus As A Piece Of Wellness Managers’ Compensation

January 7, 2010

Some 33 percent of wellness professionals responding to the "Wellness Professionals Salary and Benefits Survey" received a bonus, according to the results.

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Kaiser Permanente Study Findings: Workplace E-Mail Intervention Program Helps People Sit Less And Eat Better

December 17, 2009

How to motivate employees to get up and get active: Send them an e-mail message. That’s why a group of employees who were not regularly active before increased their participation in moderate intensity physical activities by almost an hour a week and decreased the amount of time they spent in sedentary activities.

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Workplace Wellness Management On Twitter

November 19, 2009

We have been spreading our wings by attempting to serve those interested in the workplace wellness and health promotion no matter where they are. While we are not using homing pigeons, we have established a presence on Twitter.

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Incentives For Participation In Workplace Wellness Programs Growing

November 5, 2009

The value of incentives for participation in workplace wellness programs has increased this year averaging $329, according to the results of a new survey of employers on the use of incentives in corporate wellness programs.

Full Article



Prevention Ranks As Most Important Health Reform Priority, Poll Finds

October 22, 2009

Americans rank prevention as the most important healthcare reform priority, and overwhelmingly support increasing funding for prevention programs to reduce disease and keep people healthy, according to the results of a new survey.

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This Tough Economy Also Has Negative Affect On Healthy Activities

October 8, 2009

People are taking less care of their health as a result of the nation’s economic downturn by skipping doctor and dentist appointments, medications, and canceling gym memberships, according to the results of a new national survey.

Full Article



Wellness Programs Influence Nation’s Healthcare Systems, Executive Says

September 24, 2009

Corporate wellness programs and incentives can positively influence healthcare outcomes, said Augusta Martin, corporate vice president of MVP Health Care, at a meeting of the New Hampshire Association of Health Underwriters (NHAHU).

Full Article



Study Finds Workers Want Employers To Offer Wellness Programs

September 10, 2009

Seventy percent of working adults think employers should offer programs that address important health issues such as diet, exercise, stress reduction, and how to manage chronic illnesses, such as diabetes, according to the study "Healthy at Work?" released by Rutgers University’s John J. Heldrich Center for Workforce Development.

Full Article



NBGH Urges Tax Code Changes To Encourage Employee Wellness Participation

August 20, 2009

Underscoring the enormous strain that obesity places on our nation’s healthcare system and economy at-large, the National Business Group on Health (NBGH) called on Congress to make important tax changes to encourage employees to participate in employer-sponsored health and wellness programs.

Full Article



RWJF Commission Says Healthcare Reform Won’t Solve Nation’s Health Problems

June 11, 2009

Essential as healthcare reform is, it will not be enough to close most of the gap between how healthy Americans are and how healthy they could be.

Full Article



Healthy Workforce Act Reintroduced: Promotes Workplace Wellness

June 11, 2009

Legislation which aims to fight the growing prevalence of chronic disease and improve the quality of life for the 135 million full- and part-time workers in the United States was reintroduced in both houses of the U.S. Congress.

Full Article



Most Employers Underestimate Full Costs Of Employee Health On Productivity

May 28, 2009

Poor health among workers is far costlier to U.S. employers than they realize, impacting their profitability and undercutting the nation’s overall productivity, according to a study by the Alere Center for Health Intelligence.

Full Article



Management Not Educated On Value Of Wellness, Says Survey

May 14, 2009

Over 50 percent of wellness executives do not believe an adequate job is being done to educate senior management and employees on the value of wellness programs.

Full Article



Workplace Wellness Meets ‘Social Media’

April 30, 2009

Here at WellnessJunction.com we have been studying and following the trends toward the business uses and benefits of what is now called "social media."

Full Article



Wellness Programs Increase Employee Loyalty

April 14, 2009

Sixty-five percent of workers say that their loyalty to employers would be improved or significantly improved by having a wellness program available to them, according to a poll by LifeCare Inc.

Full Article



Business Rationale For Wellness Programs Outlined

April 2, 2009

The rising cost of chronic diseases, including direct medical costs and indirect costs associated with lost productivity, is a growing burden for businesses, according to research prepared by PricewaterhouseCoopers in conjunction with the World Economic Forum.

Full Article



Workplace Wellness Management Now on LinkedIn

March 19, 2009

As an added service, your editors have created a Workplace Wellness Management on LinkedIn. If you are a LinkedIn member now, click here to join our group.

Full Article



Most Employees Who Participate In Wellness Programs Do Not Stay Committed

March 3, 2009

As wellness programs grow in popularity, employees overwhelmingly see value in these healthy activities, but don’t stay committed to them, according to a  survey from the Guardian Life Insurance Company of America (Guardian).

Full Article



Applying Quality Management Principles To Wellness: Programming Decision Matrix

February 19, 2009

The term "disenfranchisement" usually refers to a segment of voters who feel their opinions have not been heard or that their needs aren’t being considered in some way by the government. Segments of your wellness program target audience can feel the same way if program planning does not consider their unique needs.

Full Article



Retention Key To Health Management Program Success

February 5, 2009

Health management programs should be designed to retain employees, according to EmployeeWellnessUSA.com.

Full Article



Health Coaching A Key Employee Benefit In Controlling Healthcare Costs

January 22, 2009

Corporate wellness programs are best supported by individualized health coaching to drive lasting behavior change among employees, according to a white paper by Hummingbird Coaching Services.

Full Article



Americans Need Health Reality Check

January 8, 2009

Americans may need a reality-check when it comes to their health. Though most Americans consider themselves to be in good health, according to Health and Wellbeing in America, a survey sponsored by CIGNA HealthCare and the Center for Disease Control and Prevention (CDC) reports differently.

Full Article



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