Employment trends expert talks new study which says that half of millennials have left a job due to a mental health crisis
A new study found that 50 percent of Millennials and 75% of Generation Z’ers say that they have left a job due to pressing mental health concerns. The study, led by Mind Share Partners, SAP, and Qualtrics has discovered that younger generations of workers are much more likely than older employees to leave a job due to the need for mental health care.
“The study is very important because it reflects generational differences as far as employees’ approach to therapy and self-care,” says Rob Wilson, President of Employco USA and employment trends expert. “Today’s incoming workforce is much more well-versed in therapy and the need for mental health services, and as this research shows, they seek out these resources when needed, even if it means leaving their current job.”
Wilson says this study helps reveal where companies and employers can do better in attracting and retaining younger talent.
“Offering benefits that include comprehensive mental health care can go a long way in attracting younger employees,” says Wilson. “Therapy is costly, but as research shows, there has been a 47 percent increase in major-depression diagnoses among millennials since 2013. Since therapy is the front-line recommendation for depression treatment, you can expect that nearly half of millennial workers are either in therapy, seeking therapy, or being advised to see a therapist by their doctor or family and friends. Hence, offering a benefit plan which covers these life-saving services and is in-network with many mental health providers would be a smart idea for employers.”
Continue reading →