Improving employee well-being via a data-driven approach

BURNOUT is a top reason for resignation. In a 2021 report by human resource technology company Limeade, 40 per cent of employees left their organisation for this reason. Remote work, social isolation, medical quarantines, and a blurred work-life balance have taken their toll. For businesses, this has led to increasingly high attrition rates and reduced employee productivity by 35 per cent.

With worsening employee well-being, the next pandemic of “mental health” seems to be lurking around.

Yet businesses have missed predicting and preparing for this situation when the pandemic hit. In 2021, according to Lyra Health, only 22 per cent of HR leaders had recognised burnout as an issue affecting their company’s workforce.​ Fortunately, it seems to be a different story for 2022. For many employers, the topmost priority this year is to make mental health services easily accessible. Corporate wellness programmes are now de rigueur.