We are seeing a massive shift in the current global workforce as well: Productivity, morale and engagement are down, and people are leaving their jobs at a higher rate than ever before. The pandemic has had some unexpected side effects; a recent study found that 73% of workers are actively thinking about quitting their jobs. And millions have already done so last year alone. On top of that parents, especially mothers, are leaving the workforce at a much higher rate. But do the problems we are seeing in the workforce stretch much further than we think? What is going on behind closed doors?The last few years have taken a toll on all of us. Burnout, depression and suicide rates are the highest they have been in decades. And companies can no longer ignore the well-being of their staff if they want to retain their talent. With almost three-quarters of the workforce is considering leaving, it is important to understand what is going on behind closed doors. Research confirms the huge amount of workers are unhappy with the current situation and these shocking numbers don’t lie:
Every year we spend billions on health-related absence costsThe healthcare costs of job-related burnout are currently guesstimated between $125-$190 billion in the US and £45 billion in the UK per year. This is a rise of 16 % since 2016 - an extra 6 𝘣𝘪𝘭𝘭𝘪𝘰𝘯 a year. Which is about £1666 per employee per year! On top of that, the average turnovers cost companies 33% of the employee's salary. Every year we flush money down the drain to cover these costs whilst there are preventative programs and initiate that could be introduced to significantly reduce these expenses. What can we do to change?When company culture, morale and engagement is down, employees will leave and expenses increase. If the problem is not fixed, it is an expensive cycle that is unnecessary. For many of us, just earning a pay check and working hard isn't enough to feel satisfied in a job anymore. Employees are looking for new ground-breaking ways forward that will support their work-life balance and wellbeing. If you care about the business and the bottom line, it is important you act now, because it is an expensive "joke" not to care about the well-being of your employees. Look at the dataAt Grant Method, we propose a 5-phased approach to help your employees to be healthier, happier & more efficient as it is the way to drive better results & cut costs.
conclusionIf we want to lead our team into the future we have to make mental health, well-being and work-life balance part of the quarterly and yearly objectives. Because when we put people before profit, and family first, things don't fall apart, things will fall together. It's time to normalise life beyond the desk. Will you join us? MEET SUSANNE GRANT Two-Time Bestselling Author, Multi-Award-Winning Work-life Balance Expert, Keynote Speaker - Susanne Grant - will transform the way you think about success in the workplace as she is helping your employees to be healthier, happier & more efficient.
With her inspiring keynotes and engaging workshops, she is lifting the veil to help us understand how redefining success will drive better results and reduce costs. This will help us to challenge the status quo and understand why putting people before profit has an astonishing effect on productivity as well as the bottom line. 𝗞𝗮𝘁𝗵𝗿𝗶𝗻 𝗚𝗼𝗹𝗱𝗮𝗺𝗺𝗲𝗿 - 𝗠𝗮𝗻𝗮𝗴𝗶𝗻𝗴 𝗗𝗶𝗿𝗲𝗰𝘁𝗼𝗿, 𝗙𝗼𝘂𝗻𝗱𝗲𝗿 & 𝗖𝗘𝗢 "𝘞𝘦 𝘪𝘯𝘷𝘪𝘵𝘦𝘥 𝘩𝘦𝘳 𝘢𝘴 𝘢 𝘴𝘱𝘦𝘢𝘬𝘦𝘳 𝘣𝘦𝘤𝘢𝘶𝘴𝘦 𝘸𝘦 𝘸𝘦𝘳𝘦 𝘪𝘮𝘱𝘳𝘦𝘴𝘴𝘦𝘥 𝘣𝘺 𝘩𝘦𝘳 𝘣𝘰𝘰𝘬 𝘢𝘯𝘥 𝘸𝘢𝘯𝘵𝘦𝘥 𝘵𝘰 𝘣𝘳𝘪𝘯𝘨 𝘢 𝘴𝘱𝘦𝘢𝘬𝘦𝘳 𝘸𝘪𝘵𝘩 𝘩𝘢𝘯𝘥𝘴-𝘰𝘯 𝘢𝘥𝘷𝘪𝘤𝘦 𝘧𝘰𝘳 𝘰𝘶𝘳 𝘮𝘦𝘮𝘣𝘦𝘳𝘴. [...] 𝘐𝘵 𝘸𝘢𝘴 𝘨𝘳𝘦𝘢𝘵 𝘩𝘢𝘷𝘪𝘯𝘨 𝘚𝘶𝘴𝘢𝘯𝘯𝘦 𝘰𝘯 𝘵𝘩𝘦 𝘱𝘢𝘯𝘦𝘭 - 𝘴𝘩𝘦 𝘪𝘴 𝘢 𝘨𝘳𝘦𝘢𝘵 𝘴𝘱𝘦𝘢𝘬𝘦𝘳 𝘢𝘯𝘥 𝘦𝘹𝘱𝘦𝘳𝘵 𝘰𝘯 𝘵𝘩𝘦 𝘴𝘶𝘣𝘫𝘦𝘤𝘵." 𝗥𝗼𝘀𝗮 𝗣𝘂𝗲𝗻𝘁𝗲𝘀 𝗙𝗲𝗿𝗻á𝗻𝗱𝗲𝘇 - 𝗛𝘆𝗱𝗿𝗼𝗴𝗲𝗻 𝗮𝗻𝗱 𝗚𝗮𝘀 𝗤𝘂𝗮𝗹𝗶𝘁𝘆 𝗔𝗱𝘃𝗶𝘀𝗲𝗿 "𝘚𝘩𝘦 𝘩𝘢𝘴 𝘵𝘩𝘦 𝘢𝘣𝘪𝘭𝘪𝘵𝘺 𝘵𝘰 𝘢𝘥𝘢𝘱𝘵 𝘵𝘩𝘦 𝘤𝘰𝘯𝘵𝘦𝘯𝘵 𝘵𝘰 𝘥𝘪𝘧𝘧𝘦𝘳𝘦𝘯𝘵 𝘢𝘶𝘥𝘪𝘦𝘯𝘤𝘦 𝘥𝘦𝘮𝘢𝘯𝘥𝘴 𝘢𝘯𝘥 𝘮𝘢𝘬𝘦 𝘵𝘩𝘦𝘮 𝘧𝘦𝘦𝘭 𝘤𝘰𝘮𝘧𝘰𝘳𝘵𝘢𝘣𝘭𝘦. 𝘚𝘩𝘦 𝘬𝘯𝘰𝘸𝘴 𝘩𝘰𝘸 𝘵𝘰 𝘨𝘳𝘢𝘣 𝘵𝘩𝘦 𝘢𝘵𝘵𝘦𝘯𝘵𝘪𝘰𝘯 𝘧𝘳𝘰𝘮 𝘵𝘩𝘦 𝘷𝘦𝘳𝘺 𝘣𝘦𝘨𝘪𝘯𝘯𝘪𝘯𝘨 𝘢𝘯𝘥 𝘬𝘦𝘦𝘱 𝘵𝘩𝘦 𝘢𝘶𝘥𝘪𝘦𝘯𝘤𝘦 𝘦𝘯𝘨𝘢𝘨𝘦𝘥. 𝘐 𝘸𝘪𝘭𝘭 𝘥𝘦𝘧𝘪𝘯𝘪𝘵𝘦𝘭𝘺 𝘤𝘰𝘶𝘯𝘵 𝘰𝘯 𝘩𝘦𝘳 𝘧𝘰𝘳 𝘧𝘶𝘵𝘶𝘳𝘦 𝘱𝘢𝘯𝘦𝘭𝘴." Customised to fit your needs— whether remote or in-person, from a one-hour overview to a six-week intensive. T&C apply. Message Susanne Grant via Linkedin for more information or click here to talk to Susanne directly.
10 Comments
11/2/2022 07:46:04 pm
Law on author plan he form most. Debate talk professional college.
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12/19/2023 04:52:07 pm
It's truly alarming to see the current state of the workforce and the impact of the pandemic on employees' well-being. The statistics mentioned here, with 73% of workers considering quitting their jobs and high burnout rates, are concerning. It's evident that businesses cannot afford to ignore the well-being of their employees any longer.
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12/21/2023 06:37:48 pm
The current state of the global workforce is indeed concerning, with productivity, morale, and engagement declining, and an increasing number of employees contemplating leaving their jobs. The COVID-19 pandemic has undoubtedly accelerated these challenges, but they existed before as well. It's crucial for organizations to acknowledge that employee well-being is not just a nice-to-have but a strategic imperative.
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12/26/2023 12:39:29 am
Caring for our well-being is essential, not just for ourselves but for those around us. This blog's title intrigues me, as it hints at the importance of self-care and its wider implications. In today's fast-paced world, discussing the significance of well-being is a much-needed conversation, and I'm excited to dive into this blog for insights and advice on the topic.
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1/1/2024 10:53:11 pm
It's really concerning to see the state of the workforce these days. The fact that productivity, morale, and engagement are on the decline is a clear indication that something needs to change. Employees are the backbone of any organization, and their well-being should be a top priority.
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1/30/2024 06:54:09 am
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6/17/2024 04:39:24 am
I hope all the future posts will hold as much value as this one.
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MEet SusanneTwo-Time Bestselling Author, Multi-Award-Winning Work-life Balance Expert, Keynote Speaker - Susanne Grant - will transform the way you think about success in the workplace as she is helping your employees to be healthier, happier & more efficient. Archives
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