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Health, Wellness & the Multi-Generational Workforce November 11, 2016

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Page 1: Health, Wellness & the Multi-Generational Workforce · FINANCIAL HEALTH DRIVES WELL BEING 91% Say their financial health is important to their overall well-being Financial health

Health, Wellness & the Multi-Generational Workforce

November 11, 2016

Page 2: Health, Wellness & the Multi-Generational Workforce · FINANCIAL HEALTH DRIVES WELL BEING 91% Say their financial health is important to their overall well-being Financial health

CEO ROUNDTABLE

Page 3: Health, Wellness & the Multi-Generational Workforce · FINANCIAL HEALTH DRIVES WELL BEING 91% Say their financial health is important to their overall well-being Financial health

PURPOSE

2016 EMPLOYEE HEALTH SURVEY

Evidence based approach

Support improvement of

cardiovascular health

Collective pledge toward promoting

healthy living in the workforce

Page 4: Health, Wellness & the Multi-Generational Workforce · FINANCIAL HEALTH DRIVES WELL BEING 91% Say their financial health is important to their overall well-being Financial health

Who

How

Weighting

For the purposes of this presentation, ‘Younger Millennials’ refers to employees aged 18-26, ‘Older Millennials’

refers to employees aged 27-35, ‘Gen Xers’ refers to employees aged 36-50, ‘Baby Boomers’ refers to

employees aged 51-69, and ‘Matures’ refers to employees aged 70+.Please note: Data for total Matures and Younger Millennials who participate in employee health programs have base sizes of less

than 100. Results for these groups are directional in nature.

Representative survey of 2,009 adults currently

employed part- or full-time at a company with at least

25 employees that offers a health care plan

August 10 - 19, 2016

20-minute online survey among participants in Nielsen’s

online research panel

Results were weighted, as needed, to match the profile

of adults who are employed part- or full-time in the U.S.

When

METHOD

Page 5: Health, Wellness & the Multi-Generational Workforce · FINANCIAL HEALTH DRIVES WELL BEING 91% Say their financial health is important to their overall well-being Financial health

PARTICIPATION DEMONSTRATES COMMITMENT AND IMPACTS ENGAGEMENT

Work Gets in the Way of

Employee Health Goals

Participation & Goals Differ

by Generation Health Programs & CEO

Participation Matter

KE

Y T

AK

EA

WA

YS

Page 6: Health, Wellness & the Multi-Generational Workforce · FINANCIAL HEALTH DRIVES WELL BEING 91% Say their financial health is important to their overall well-being Financial health

On average, employees spend…

More than half (55%) report being in excellent or very good health

Yet, slightly more (58%) are diagnosed with a health condition

Overall Health

A MIXED AND COMPLICATED VIEW OF EMPLOYEE HEALTH

6.7 hours sleeping per night

8.3 hours working per workday

4.6 hours sitting per workday

3.9 hours standing/moving per workday

100%50% 75%25%

55%

58%

Page 7: Health, Wellness & the Multi-Generational Workforce · FINANCIAL HEALTH DRIVES WELL BEING 91% Say their financial health is important to their overall well-being Financial health

100%75%50%25%0

BEING HEALTHY MATTERS AND SO DOES SLEEP

95% feel better when they

eat right and exercise

95% feel better when they

get more sleep

100%75%50%25%0

3 in 4feel less productive at work

when they get less sleep

Page 8: Health, Wellness & the Multi-Generational Workforce · FINANCIAL HEALTH DRIVES WELL BEING 91% Say their financial health is important to their overall well-being Financial health

GOOD EXERCISE & NUTRITION ARE WIDELY RECOGNIZED GOALS

Top Health Goals

40% 40% 37% 28% 28% 25%

Lose

weight

Be more

physically

active

Eat more

healthy

foods

Improve

financial

health

Get more

sleep

Reduce

stress

levels

Page 9: Health, Wellness & the Multi-Generational Workforce · FINANCIAL HEALTH DRIVES WELL BEING 91% Say their financial health is important to their overall well-being Financial health

55% CPR or other emergency response training

Programs

Tools

WHEN WORKPLACE WELLNESS PROGRAMS EXIST, THEY ARE UTILIZED BY

MOST EMPLOYEES

75% have a wellness program

84%use at least one

wellness program if offered

55% On-site health fair

49% Lower health insurance premiums for maintaining healthy numbers

51% Group stretches or walking

67% Routine screenings for blood pressure

65% Routine screenings for blood sugar

68% Flu shots 66% Routine screenings for cholesterol

Page 10: Health, Wellness & the Multi-Generational Workforce · FINANCIAL HEALTH DRIVES WELL BEING 91% Say their financial health is important to their overall well-being Financial health

Work Outcomes Health Outcomes

Improved

quality of

work

Fewer sick

days

Higher job

satisfaction

Better

productivity

45% 36% 36% 33%

Exercise

regularly

Eat

healthier

Lost

weight

Feel better

38% 37% 33% 29%

More

energy

27%

PARTICIPATION DRIVES POSITIVE WORK AND HEALTH OUTCOMES

Page 11: Health, Wellness & the Multi-Generational Workforce · FINANCIAL HEALTH DRIVES WELL BEING 91% Say their financial health is important to their overall well-being Financial health

Biggest Health Impact Most Desired By Employees

Lower health

premiums

(for healthy)

Weight

loss

programs

Flexible

schedulesFree/Reduced

offsite gym

membership

34% 30% 26% 22%

Access to

onsite gym

20%

GYMS AND WEIGHT LOSS PROGRAMS TOP LIST OF EMPLOYEE PRIORITIES

Flu shots Access to

onsite gym

Walking

course

Free/Reduced

offsite gym

membership

66% 63% 63% 62%

Nutritious

food

choices

49%

(of those who have used the program) (of those who are not offered the program)

Page 12: Health, Wellness & the Multi-Generational Workforce · FINANCIAL HEALTH DRIVES WELL BEING 91% Say their financial health is important to their overall well-being Financial health

Yet, only about 3 in 10 say their company cares a great deal or a lot about

the health of employees

And, 4 in 10 say their job gets in the way of their health

Page 13: Health, Wellness & the Multi-Generational Workforce · FINANCIAL HEALTH DRIVES WELL BEING 91% Say their financial health is important to their overall well-being Financial health

3 in 4

Participating employees

say their employer is

committed to employee

health

Program

availability has

very strong /

strong impact

on participating

employees’:

Commitment

to their health:

49%

Overall job

satisfaction:

41%

Commitment

to employer:

37%

Perception of

their CEO:

30%

Perception of Sr

management:

29%

AVAILABILITY MATTERS FOR THE INDIVIDUAL AND THE BUSINESS

100%50%0 100%50%0 100%50%0 100%50%0 100%50%0

Page 14: Health, Wellness & the Multi-Generational Workforce · FINANCIAL HEALTH DRIVES WELL BEING 91% Say their financial health is important to their overall well-being Financial health

How Well Leadership Encourages Participation

% encourages extremely/very well

EMPLOYEES DO NOT FEEL MUCH ENCOURAGEMENT

Employees’ Awareness of CEO

Involvement

YES

NONOT

SURE Colleagues Immediate

Supervisor

Senior

Management

HR

Department

30% 29% 28% 24%

CEO

23%

25%

20%56%

Yes No Not sure

Page 15: Health, Wellness & the Multi-Generational Workforce · FINANCIAL HEALTH DRIVES WELL BEING 91% Say their financial health is important to their overall well-being Financial health

KNOW CEO PARTICIPATES

29% Believe their employer cares a great deal or

a lot about the health of employees

Agree that their employer is committed

to the health of employees67%

70%

vs. CEO does not participate (12%)

93%

vs. CEO does not participate (55%)

CEO PARTICIPATION CANNOT BE STRESSED ENOUGH

ALL EMPLOYEES

Page 16: Health, Wellness & the Multi-Generational Workforce · FINANCIAL HEALTH DRIVES WELL BEING 91% Say their financial health is important to their overall well-being Financial health

Participation in Mentoring

Programs

Benefits of Participation

48% felt more engaged with their team

42% learned something new

40% improved management/ leadership skills

39% productivity improved

36% felt more engaged with organization

45% learned something new

41% helped to take more control/ responsibility

40% felt supported

38% gained new perspectives, ideas, approaches

36% became better at job

12% 11%

MENTORING PROGRAM PARTICIPATION LOW, BUT BENEFITS ARE HIGH

MENTOR MENTEE

MENTOR MENTEE

Page 17: Health, Wellness & the Multi-Generational Workforce · FINANCIAL HEALTH DRIVES WELL BEING 91% Say their financial health is important to their overall well-being Financial health

FINANCIAL HEALTH DRIVES WELL BEING

91% Say their financial health is

important to their overall well-being

Financial health has improved a great deal/a fair amount because of their participation in financial programs

Have a financial program

Use at least one financial program (if offered)

71% 72% 43%

Page 18: Health, Wellness & the Multi-Generational Workforce · FINANCIAL HEALTH DRIVES WELL BEING 91% Say their financial health is important to their overall well-being Financial health

77% say unplugging is important

to their health

UNPLUGGING IS CRUCIAL, YET NOT WIDELY SUPPORTED

100%75%50%25%0

Yet only 33% say their employer

encourages unplugging

Page 19: Health, Wellness & the Multi-Generational Workforce · FINANCIAL HEALTH DRIVES WELL BEING 91% Say their financial health is important to their overall well-being Financial health

THE MULTI-

GENERATIONAL

WORKFORCE

Page 20: Health, Wellness & the Multi-Generational Workforce · FINANCIAL HEALTH DRIVES WELL BEING 91% Say their financial health is important to their overall well-being Financial health

43%

53% 52%

70%74%

22%6% 10% 10% 6%

56%

61% 48%56% 62%

HEALTH CHANGES AS WE AGE

BABY BOOMERS (BB) MATURES (MAT)YOUNGER

MILLENNIALSOLDER

MILLENNIALSGEN

XERS

BABY

BOOMERSMATURES YOUNGER

MILLENNIALSOLDER

MILLENNIALSGEN

XERS

BABY

BOOMERSMATURES

Overall Health Rating Health Condition Diagnosis

EXCELLENT/VERY GOOD FAIR/POOR

Page 21: Health, Wellness & the Multi-Generational Workforce · FINANCIAL HEALTH DRIVES WELL BEING 91% Say their financial health is important to their overall well-being Financial health

MILLENNIALS MOVE WHILE GEN X SITS

YOUNGER

MILLENNIALS

OLDER

MILLENNIALS

GEN

XERS

BABY

BOOMERS

MATURES

MOSTLEAST

MOSTLEAST

MOSTLEAST

MOSTLEAST

HOURS SLEEPING PER NIGHT

HOURS WORKING PER WORKDAY

HOURS SITTING PER WORKDAY

HOURS STANDING/MOVING PER WORKDAY

6.6 6.6 6.7 6.7 6.9

7.2 8.58.47.7 8.3

3.8 4.6 5.13.8 4.3

3.1 3.9 3.8 4.44.0

Page 22: Health, Wellness & the Multi-Generational Workforce · FINANCIAL HEALTH DRIVES WELL BEING 91% Say their financial health is important to their overall well-being Financial health

LOSE WEIGHT

BE ACTIVE

GET MORE SLEEP

SLEEP & FINANCES ARE PRIORITIES OF THE YOUNG WORKFORCE

Top Health Goals

YOUNGER MILLENNIALS OLDER MILLENNIALS GEN XERS BABY BOOMERS MATURES

BE ACTIVE

LOSE WEIGHT

BE ACTIVE

BE ACTIVE

LOSE WEIGHTFINANCIAL HEALTH

EAT HEALTHY EAT HEALTHY

BE ACTIVE EAT HEALTHY EAT HEALTHY GET MORE SLEEP

Page 23: Health, Wellness & the Multi-Generational Workforce · FINANCIAL HEALTH DRIVES WELL BEING 91% Say their financial health is important to their overall well-being Financial health

SLEEP HAS A DIRECT IMPACT ON PRODUCTIVITY

Feel less productive at work when I get less sleep

YOUNGER

MILLENNIALS

OLDER

MILLENNIALS

GEN

XERS

BABY

BOOMERS

MATURES

79%

83%

76%

69%

55%

Page 24: Health, Wellness & the Multi-Generational Workforce · FINANCIAL HEALTH DRIVES WELL BEING 91% Say their financial health is important to their overall well-being Financial health

Older Millennials are the most likely to experience stress as a result of work always, almost always, or very often

RECOGNIZE the level of stress employees are under

Offer more FLEXIBILITY in when and where they work to help reduce or manage stress

OLDER MILLENNIALS BY FAR FEEL THE MOST STRESSED

31% 42% 28%

YOUNGER

MILLENNIALS

OLDER

MILLENNIALS

GEN

XERS

20% 5%

BABY

BOOMERSMATURES

Ways to Reduce Stress

Page 25: Health, Wellness & the Multi-Generational Workforce · FINANCIAL HEALTH DRIVES WELL BEING 91% Say their financial health is important to their overall well-being Financial health

73% 89% 85% 82% 77%58% 80% 77% 64% 57%25% 35% 16% 11% 8%

PROGRAM PARTICIPATION HIGHEST AMONG YOUNGER WORKFORCE

YOUNGER MILLENNIALS OLDER MILLENNIALS GEN XERS BABY BOOMERS MATURES

HEALTH

FINANCIAL

MENTORING

Participation in Programs

Page 26: Health, Wellness & the Multi-Generational Workforce · FINANCIAL HEALTH DRIVES WELL BEING 91% Say their financial health is important to their overall well-being Financial health

47%55%

66%74% 76%

33%

43%

29%23% 24%

29%

39%

27%24%

42%

OLDER MILLENNIALS VIEW THEIR EMPLOYER WITH THE MOST OPTIMISM

% who feel company cares about

health of employees

YOUNGER

MILLENNIALSOLDER

MILLENNIALSGEN

XERS

BABY

BOOMERSMATURES YOUNGER

MILLENNIALSOLDER

MILLENNIALSGEN

XERS

BABY

BOOMERSMATURES

Reasons employers offer programs

REDUCTION IN EMPLOYER’S

HEALTH CARE COSTS

GENUINE CARE FOR

HEALTH OF EMPLOYEES

Page 27: Health, Wellness & the Multi-Generational Workforce · FINANCIAL HEALTH DRIVES WELL BEING 91% Say their financial health is important to their overall well-being Financial health

JOB INTERFERES MOST WITH THE HEALTH OF OLDER MILLENNIALS

YOUNGER MILLENNIALS OLDER MILLENNIALS GEN XERS BABY BOOMERS MATURES

EMPLOYEES WHO SAY THEIR JOB GETS IN THE WAY OF THEIR HEALTH

40% 57% 37% 32% 5%

Page 28: Health, Wellness & the Multi-Generational Workforce · FINANCIAL HEALTH DRIVES WELL BEING 91% Say their financial health is important to their overall well-being Financial health

52% 55% 47% 33% 39%51% 44% 34% 28% 37%

MILLENNIALS ARE MOST POSITIVELY AFFECTED BY PROGRAM

PARTICIPATION

PRODUCTIVITY

QUALITY

YOUNGER MILLENNIALS OLDER MILLENNIALS GEN XERS BABY BOOMERS MATURESYOUNGER MILLENNIALS OLDER MILLENNIALS GEN XERS BABY BOOMERS MATURES

Work-Related Outcomes

Page 29: Health, Wellness & the Multi-Generational Workforce · FINANCIAL HEALTH DRIVES WELL BEING 91% Say their financial health is important to their overall well-being Financial health

YOUNGER MILLENNIALS

OLDER MILLENNIALS

GEN XERS

BABY BOOMERS

MATURES

GIVE MORE TIME TO YOUNG MILLENNIALS, OFFER MORE MONEY TO

EVERYONE

Top Ways to Encourage Participation

MONETARY

INCENTIVES

FREE

FACILITIES TIME

MONETARY

INCENTIVES

FREE

FACILITIES

BENEFITS

INCENTIVES

MONETARY

INCENTIVES

BENEFITS

INCENTIVES

FREE

FACILITIES

MONETARY

INCENTIVES

BENEFITS

INCENTIVES

FREE

FACILITIES

FREE

FACILITIES

INDIVIDUALIZED

PROGRAMS

BENEFITS

INCENTIVES

Page 30: Health, Wellness & the Multi-Generational Workforce · FINANCIAL HEALTH DRIVES WELL BEING 91% Say their financial health is important to their overall well-being Financial health

TECHNOLOGY PLAYS A MUCH BIGGER ROLE IN LIVES OF OLDER

MILLENNIALS

20%

27%

17%

10%12%

17%20%

10%

5%1%

YOUNGER

MILLENNIALSOLDER

MILLENNIALS

GEN

XERS

BABY

BOOMERS

MATURES

Preferred Employee Communication Method

COMPANY SOCIAL

MEDIA POSTSONLINE WEBINARS

Page 31: Health, Wellness & the Multi-Generational Workforce · FINANCIAL HEALTH DRIVES WELL BEING 91% Say their financial health is important to their overall well-being Financial health

YOUNGER

MILLENNIALS

OLDER

MILLENNIALS

GEN

XERS

BABY

BOOMERS

MATURES

44%

55%

28%21%

28%

Unplugging is important to my health My employer encourages employees to

occasionally unplug

YOUNGER

MILLENNIALS

OLDER

MILLENNIALS

GEN

XERS

BABY

BOOMERS

MATURES

71%

84%

75% 76%

59%

MILLENNIALS MOST LIKELY TO SAY ITS CRUCIAL TO DISCONNECT

Page 32: Health, Wellness & the Multi-Generational Workforce · FINANCIAL HEALTH DRIVES WELL BEING 91% Say their financial health is important to their overall well-being Financial health

53%

27%

50%

62%66%

BLURRING THE LINES

More than 6 in 10are not comfortable sharing

personal health info with

their employer

But many do not

understand why their

employer would want

them to, or what the

benefits would be.

YOUNGER

MILLENNIALS

OLDER

MILLENNIALS

GEN

XERS

BABY

BOOMERS

MATURES

43%

27%

47%

60% 57%

YOUNGER

MILLENNIALS

OLDER

MILLENNIALS

GEN

XERS

BABY

BOOMERS

MATURES

Why? What Benefit?