It seems like everyone is stressed these days. Workers are losing sleep over finances. Record numbers are calling in sick. Mental health rates are skyrocketing. And company leaders are worried about rising benefits costs and the impact of possible cutbacks from provinces and territories. All of this points to caution ahead unless organizations decelerate the rise of two leading obstacles to growth — absenteeism and disability.
Average percentage of payroll costs:
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Sources : 1. 2012, 2017 Mercer Financial Database, 2. 2022 The Future of Healthcare prediction; 3. 2013 Conference Board of Canada; 4. 2013 Mental Health Commission of Canada; 5. Scand, J. Work Environ Health 2016; 6. Monster Canada work survey, 2017; 7. 2016 Mental Health Commission of Canada; 8. International Foundation of Employee Benefit Plans Workplace Wellness 2017 Survey Report.