How do employers acknowledge and understand these enablers and barriers?
Asking the right questions and, more importantly, being able to answer them. This helps leaders approach some of their biggest workforce and business challenges in a different, data-driven way.
For example, we already know the relationship between mental, physical and financial health is intertwined, and when one is off, all other areas are impacted. We also know depression increases the risk for many types of physical health problems, including chronic conditions like diabetes, heart disease and stroke. And by the same token, the presence of chronic conditions can increase the risk for mental illness.
To make matters more troubling, individuals with depression and anxiety are three times more likely to be in debt, and we know that’s both a cause and effect.
As an employer, if you know all of this is happening and know which questions to ask, it can completely transform your ability to build a more meaningful relationship with your employees. You’re better equipped to build belonging, keep employees longer and help attract future talent. Using data-driven insights to invest in your people is an extremely powerful way to impact their experiences.