Most global workers confronted by anxiety, distractions, financial worries due to pandemic

About this update from Willis Towers Watson Public Limited Company

[{"type":"text","content":"Willis Towers Watson survey finds opportunity for employers to support their people and build goodwill\nARLINGTON, Va., May 28, 2020 (GLOBE NEWSWIRE) -- Physical health and safety are not the only concerns affecting employees around the world as a majority report anxiety, distraction and financial worries, according to research by Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company. Despite their concerns, employees give their leaders good marks for their performance during the pandemic. Willis Towers Watson has tracked the pandemic-related work experiences of more than 100,000 global employees since mid-March.\n Alarmingly, over nine in 10 employees (92%) report some level of anxiety from the pandemic, with 55% indicating a moderate or high degree. Further, seven in 10 workers (70%) convey at least some distraction from work due to COVID-19 concerns with only one-third (32%) saying they can balance working from home and other responsibilities. In addition, six in 10 workforce personnel (61%) state financial concerns stemming from the COVID-19 disruption with 25% expressing a moderate or high degree of worry. Fewer than half of respondents say their company is making it easier to access and use employee benefits (46%) or know how to apply these benefits to COVID-19 care (47%). “The challenges presented by this crisis highlight the demand for cross-functional collaboration to truly address employee needs,” said Patrick Kulesa, global research director, Willis Towers Watson. “Employee anxiety can be managed through HR benefit-related coping support, yet combating distraction requires line managers to deepen team connections in appropriate ways, while alleviating financial concerns calls on business heads to demonstrate leadership by navigating the organization through chaotic times.” Notwithstanding the challenges, employees are pleased with the way their leaders have stepped up to support them in the current environment. A large majority agree their leaders have been effective at focusing on work objectives (78%), obtaining the support needed at work (74%), keeping employees informed (73%), and protecting the health and wellbeing of their workforce (71%). However, the research notes there are concrete actions leaders can take to improve the overall employee experience, such as better unde...

More updates from Willis Towers Watson Public Limited Company