The world is in turmoil. People across the world are facing cost of living issues, wars, and the aftermath of a global pandemic. Work-life balance and wageshavebecome a critical issue among workers who are struggling.
It is no surprise that workers are dissatisfied with their workplace and are struggling to find their meaning at work.
Oyster’s recent Employee Disillusionment Report surveyed 2,500 individuals of all ages from around the world and found that 54% of workers say that their ability to focus on work has been affected due to recent world events.
The report further identified that 74.6% of people from the report said they were having a hard time focusing on work because of the cost of living crisis.
It is clear that the economic downturn has impacted employee’s mental health. According to Oyster’s report,49.7% listed mental well-being as their number one priority.
These employee concerns about political instability, climate change and war have caused many to turn toward work as their safe space. Employers need to use this time to create an environment that will help promote physical and mental well-being.
Tony Jamous, co-founder and CEO of Oyster,tells UNLEASH: “Half of global knowledge workers are putting their mental health first, even above career advancement.
“This shocking fact serves as a wake-up call for modern people leaders—and we need to drive change.”
“It’s time employers step up. Whether it’s a C-level executive or the manager, we have to break the system, because it clearly doesn’t work for workers. It’s time to design a workplace that prioritizes employees’ well-being above all else.”
How to reverse disillusionment at work
Unhappy employees are unproductive, unmotivated and are likely to eventually quit your organization. So, employers need to take urgent action, and create a safe environment where everyone feels engaged and can thrive.
Jamous adds employers “need to acknowledge today’s challenges and offer safety, flexibility, and support, so our people feel valued, heard, and understood.”
According to Oyster’s research, the best thing to do is for managers to have regular check-ins with their teams.
Plus, organizations need to get serious about recognition and facilitating workplace friendships. Opening communication between employees and their employers will help bring positive change.
HR departments will be critical for developing a healthy and productive workplace in the future. 55.8% of people in the survey reported that HR departments are responsible for taking care of employees.
Beyond this, Oyster’s survey found that the most important workplace benefit was time off and vacation; over a quarter of respondents ranked this as a very important issue.
This makes sense as successfully balancing work and personal life have shown to contribute to workplace productivity, and ultimately business bottom lines.
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