Burnout is Hurting
Your Business's Bottom Line
Change the rules of the game
Re-imagine Work
Re-imagine what’s possible
Your workforce spends the majority of their waking hours working – or thinking about work. But does their level of professional satisfaction and productivity reflect that?
In recent years, corporate wellbeing companies have been trying to alleviate symptoms of work-related stress, mental health issues; presentism, absenteeism and high turnover rates.
But where has it taken us?
$322 billion
cost of lost productivity
& turnover globally,
due to employee burnout
Source: Forbes -estimated by the World Economic Forum, 2019.
Less than 1 in 4 U.S. employees
feel strongly that their organization cares about their wellbeing
Source: Gallup Research- Based on a random sample of 15,001 full and part-time U.S. employees, 2022.
The effectiveness of existing corporate wellbeing programmes were acutely put to test during the Covid-19 pandemic. We witnessed a heightened level of mental health issues, burnouts and a record number of employees leaving their jobs or ‘quietly quitting’.
Likelihood that respondents will leave their current job*, %
Source: ’The great attrition is making hiring harder’. McKinsey Quarterly, 2022. *- In the next 3-6 months
Talent Retention & Acquisition in a Changing Labor Market
Changing processes to
address labour shortages
Customizing HR strategy
based on employee type
Source: PwC Pulse Survey- Managing Business Risk (Business Leaders on Workforce Policy; Responses to ‘Have implemented’ or ‘Plan in place’), 2022: base of 722.