Recent survey results show employers and employees are not on the same page when it comes to wellbeing. The survey by Buck examined employee wellbeing and how employers in the U.S. rate the mental, emotional, financial, social, and physical health of their workers. In this edition of the survey, Buck also gathered feedback from employees to compare to employer responses. The results show a huge gap between employer's perception and how employees really feel.
According to the survey results, employers rated the overall wellbeing of their workers much higher than employees' ratings. Employers were also four times more likely to say their organization significantly increased their level of commitment to wellbeing. Sixty-eight percent of employers said they enhanced their wellbeing initiatives. However only 51 percent of employees said their employer's focus on wellbeing actually increased.
Employees also rated their overall wellbeing as lower than their employer's perception of the same. Employees rated their financial and social wellbeing 23 percent lower than their employers did, physical wellbeing was rated 17 percent lower, and mental wellbeing was rated 14 percent lower.
In general, employers and workers rated improving employee wellbeing as a top priority. Unfortunately, when it comes to what kind of wellbeing is important and how to address it employers and employees didn't see eye to eye. Employees said financial wellbeing is a top concern while employers underestimated financial stressors across the board.
In the future, 95 percent of employers said they plan to invest in physical wellbeing initiatives. This may not help employees as much as they think because employees said what they really need are programs focused on financial needs to eliminate money related stress. More than half of employees said they are living paycheck to paycheck and only 43 percent would call themselves "financially healthy". On the other hand, 66 percent of employers think their workers are financially sound.
Additionally, less than one third of workers said their organization's resources for improving wellbeing as helpful or able to meet their needs. Despite an increased focus on employee mental health by employers, only 28 percent think the mental health related resources are helpful, and 21 percent said their mental health has worsened. "HR survey finds significant disconnect between employer and employee perceptions of wellbeing" finance.yahoo.com (Feb. 17, 2022).
So, the question for our readers is: Do you think there's a disconnect between employer and employee perceptions of wellbeing at your organization?
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Here is the opinion of one of the McCalmon editorial staff:
Jack McCalmon, Esq.
I wouldn't phrase it as a disconnect because privacy and other concerns make it difficult for employers to connect closely with employees on a personal level, whether it is health or financial wellbeing. Employers must work at a distance and communicate the programs available to their employees and encourage employees to participate. Asking employers to become intricately involved into private health and financial matters may create more issues than a possible disconnect.
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