+ All Categories
Home > Documents > H E ALTH Y, WEALTHY AND WORK-WISE › content › dam › mercer › ... · insufficient savings,...

H E ALTH Y, WEALTHY AND WORK-WISE › content › dam › mercer › ... · insufficient savings,...

Date post: 24-Jun-2020
Category:
Upload: others
View: 3 times
Download: 0 times
Share this document with a friend
1
Only 18% is confident they will be able to pay for medical costs in retirement. 48% of people in e Netherlands don’t expect to retire at all, or expect to continue working in their later years. 20% is confident they will be able to work as long as they desire. What’s most critical to achieving a financially secure retirement? Individuals and employers hold differing views: Employees understand their health is directly tied to their financial well-being. In a time of dwindling pensions and insufficient savings, work lives will likely extend past today’s traditional retirement age. Individuals ranked health the number one priority for a good lifestyle in retirement. Business leaders, by contrast, ranked personal savings as most important and ranked health much lower (in fiſth place). Yet we are doing the bare minimum and making only basic efforts to be healthy. Only 29% of Dutch individuals describe their health as “excellent” or “very good” as it relates to their ability to perform on the job. Training and mentoring Strong problem-solving capabilities Emotional intelligence FIVE WAYS ORGANIZATIONS CAN KEEP THEIR AGING WORKFORCES HEALTHY AND ENGAGED 48% 20% 29% Since companies will need older employees to meet talent shortages and to share their unique combination of knowledge and skills, safeguarding their health is critical. 18% 33% 44% Learn more: Visit https://www.mercer.nl to download the full article. Sources: Mercer. Healthy, Wealthy and Workwise: The New Imperative for Financial Security, 2018. Mercer surveyed 8,000 adults and 700 senior leaders in 13 countries, including Brazil, Chile, China, Denmark, Finland, Ireland, Japan, Mexico, Netherlands, Norway, Sweden, the UK and the US. Mercer. “Health Is Vital to Wealth: How Companies Can Support the Health of an Aging Workforce,” 2018. Address Current Health Concerns Wellness programs can help workers stay healthy or prevent their chronic health issues from growing worse. Turn to Technology Using data analytics to predict healthcare needs or motivating employees to manage their health with wearable devices can help them protect their health as they age. Stretch Workforce Flexibility Flexible working arrangements can bolster employee engagement, retention and productivity, and also reduce stress, illness and absenteeism. Consider Caregiving Opportunities Provide flexibility and support for caregiving by creating pathways to leave and return to work, or reducing hours during difficult times. Put Minds at Ease to Promote Well-being Support for major events such as health crises or assistance with estate planning and end-of-life decisions can help employees build resilience. 44% of Dutch respondents say they are at least somewhat stressed about their financial situation. 33% of Dutch respondents say their personal health causes them stress over their financial security. WE KNOW PEOPLE WORRY ABOUT THEIR FINANCES AND THEIR HEALTH PEOPLE’S HEALTH AND FINANCIAL SECURITY ARE LINKED AND ARE BECOMING INCREASINGLY COMPLEX TO MANAGE OUR HEALTH IS VITAL TO WORK AS LONG AS DESIRED OR NECESSARY COMPANIES NEED HEALTHY OLDER WORKERS; INVESTING IN HEALTH AS WELL AS FINANCIAL WELLNESS AT WORK IS IMPERATIVE Aging workers often bring important experience to the workplace that can’t be easily replicated in younger workers. Employers shouldn’t overlook the significant contributions of more seasoned employees, which include: HEALTHY, WEALTHY AND WORK-WISE HEALTH IS VITAL TO WEALTH: SUPPORTING THE HEALTH OF AN AGING WORKFORCE
Transcript
Page 1: H E ALTH Y, WEALTHY AND WORK-WISE › content › dam › mercer › ... · insufficient savings, work lives will likely extend past today’s traditional retirement age. Individuals

Only 18% is confident

they will be able to pay for medical costs in

retirement.

48% of people in The Netherlands don’t expect to retire at all, or

expect to continue working in their later years.

20% is confident they will be able to work

as long as they desire.

What’s most critical to achieving a financially secure retirement? Individuals and employers

hold differing views:

Employees understand their health is directly tied to their financial well-being. In a time of dwindling pensions and

insufficient savings, work lives will likely extend past today’s traditional retirement age.

Individuals ranked health the number one

priority for a good lifestyle in retirement.

Business leaders, by contrast, ranked personal

savings as most important and ranked health much

lower (in fifth place).

Yet we are doing the bare minimum and making only basic efforts to be healthy.

Only 29% of Dutch individuals describe their health as “excellent” or “very good” as it relates to their ability to perform on the job.

Training and mentoring

Strong problem-solving

capabilities

Emotional intelligence

F I V E W A Y S O R G A N I Z A T I O N S C A N K E E P T H E I R A G I N G W O R K F O R C E S H E A LT H Y A N D E N G A G E D

48% 20%

29%

Since companies will need older employees to meet talent shortages and to share their unique combination of knowledge and skills, safeguarding their health is critical.

18%33%44%

Learn more: Visit https://www.mercer.nl to download the full article.

Sources:

Mercer. Healthy, Wealthy and Workwise: The New Imperative for Financial Security, 2018. Mercer surveyed 8,000 adults and 700 senior leaders in 13 countries, including Brazil, Chile, China, Denmark, Finland, Ireland, Japan, Mexico, Netherlands, Norway, Sweden, the UK and the US.

Mercer. “Health Is Vital to Wealth: How Companies Can Support the Health of an Aging Workforce,” 2018.

Address Current Health Concerns

Wellness programs can help workers stay healthy or prevent their chronic health issues from growing worse.

Turn to Technology

Using data analytics to predict healthcare needs or motivating employees to manage their health with wearable devices can help them protect their health as they age.

Stretch Workforce Flexibility

Flexible working arrangements can bolster employee engagement, retention and productivity, and also reduce stress, illness and absenteeism.

Consider Caregiving Opportunities

Provide flexibility and support for caregiving by creating pathways to leave and return to work, or reducing hours during difficult times.

Put Minds at Ease to Promote Well-being

Support for major events such as health crises or assistance with estate planning and end-of-life decisions can help employees build resilience.

44% of Dutch respondents say they are at least somewhat stressed about their financial situation.

33% of Dutch respondents say their personal health causes

them stress over their financial

security.

W E K N O W P E O P L E W O R R Y A B O U T T H E I R F I N A N C E S A N D T H E I R H E A LT H

P E O P L E ’ S H E A LT H A N D F I N A N C I A L S E C U R I T Y A R E L I N K E D A N D A R E B E C O M I N G I N C R E A S I N G LY C O M P L E X T O M A N A G E

O U R H E A LT H I S V I T A L T O W O R K A S L O N G A S D E S I R E D O R N E C E S S A R Y

C O M P A N I E S N E E D H E A LT H Y O L D E R W O R K E R S ; I N V E S T I N G I N H E A LT H A S W E L L A S F I N A N C I A L W E L L N E S S A T W O R K I S I M P E R A T I V E

Aging workers often bring important experience to the workplace that can’t be easily replicated in younger workers. Employers shouldn’t overlook the significant contributions of more seasoned employees, which include:

H E A LT H Y, W E A LT H Y A N D W O R K- W I S EH E A LT H I S V I TA L T O W E A LT H :S U P P O R T I N G T H E H E A LT H O F A N A G I N G W O R K F O R C E

Recommended