We would love to hear from you. Click on the ‘Contact Us’ link to the right and choose your favorite way to reach-out!

wscdsdc

media/speaking contact

Jamie Johnson

business contact

Victoria Peterson

Contact Us

855.ask.wink

Close [x]
pattern

Industry News

Categories

  • Industry Articles (22,062)
  • Industry Conferences (2)
  • Industry Job Openings (3)
  • Moore on the Market (485)
  • Negative Media (144)
  • Positive Media (73)
  • Sheryl's Articles (827)
  • Wink's Articles (373)
  • Wink's Inside Story (283)
  • Wink's Press Releases (127)
  • Blog Archives

  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • November 2010
  • October 2010
  • September 2010
  • August 2010
  • July 2010
  • June 2010
  • May 2010
  • April 2010
  • March 2010
  • February 2010
  • January 2010
  • December 2009
  • November 2009
  • October 2009
  • August 2009
  • June 2009
  • May 2009
  • April 2009
  • March 2009
  • November 2008
  • September 2008
  • May 2008
  • February 2008
  • August 2006
  • Millennial and Gen Z Workers Are Struggling Most During the Pandemic

    March 15, 2021 by The Standard

    PORTLAND, Ore.–(BUSINESS WIRE)–One year into the COVID-19 pandemic, a new study shows younger workers (ages 18 – 40) are struggling the most with mental health and substance abuse. Fifty-nine percent of Millennials and 71% of Gen Z workers now report mental health issues as compared to 22% of Boomers and 35% of Gen Xers. Serious mental illness jumped from 10% to 16% of Millennials since the pandemic began, compared to a 3% increase in Gen X workers and a 1% increase in Boomers. The latest data comes in an effort to understand the state of workplace behavioral health since the start of the COVID-19 pandemic. The Standard and Versta Research conducted the 2020 Behavioral Health Impact Update to complement the original 2019 Behavioral Health Impact Study, released prior to the coronavirus outbreak.

    Data from the 2020 study shows Millennial and Gen Z workers are more likely to miss work for mental health treatment, and many avoid treatment because of work concerns. While half of workers overall report problem use of alcohol, drugs or prescription medication over the past year, Gen Z in particular struggles with addiction or substance abuse affecting their work.

    “Millennials and Gen Z have helped change the conversation around mental health, and it’s time to meet them where they are,” says Melissa Oliver-Janiak, senior director of Benefits and HR Service Center at The Standard. “Employers must break down old stigmas and provide employees with easily accessible support to improve physical and mental health.”

    According to the study, younger workers, especially Gen Z, were found to be the least knowledgeable about work resources and benefits they can turn to for help. Offering comprehensive employee benefits options that directly address mental health and substance abuse issues, and regularly communicating those benefits are ways employers can create supportive workplaces that promote behavioral health.

    The Standard’s Workplace Possibilities℠ Program offers a proactive, whole-person approach to behavioral health and disability management through customized solutions that help employees stay at work and return to work sooner. Recent success rates show 92% of employees who participated in the Workplace Possibilities℠ program successfully stayed at work, thus helping employers potentially avoid more than $15 million in direct claim costs and 125,000 lost workdays.1

    To access more insights and resources from The Standard, visit http://www.standard.com/behavioralhealth.

    _________________________

    1 Disclaimer: Past successes of the program does not guarantee any type of future outcomes or savings.

    The Standard’s 2020 Behavioral Health Impact Update

    The 2020 Behavioral Health Pandemic Impact Study was conducted by Versta Research on behalf of The Standard. One thousand, four hundred and twenty-five full-time employees in the U.S. were surveyed about mental and behavioral health issues in the workplace. The survey measured changes stemming from the COVID-19 pandemic, with an initial survey of 2,004 employees having been conducted from September to October 2019. All respondents were between the ages of 18 to 69, employed full-time, aware of employer-sponsored disability benefits, whether or not their employer offered those benefits and whether they participated in them. All industries and economic sectors except federal government employees were included. Final data was weighted to bring oversampled industries back down to their proper proportions and to ensure comparability to 2019 data.

    In the overall total of respondents, mental health was measured using the Kessler K6 scale with cut-off criteria recommended by Judith J. Prochaska, Hai-Yen Sung, Wendy Max, Yanling Shi and Michael Ong in Validity Study of the K6 Scale as a Measure of Moderate Mental Distress Based on Mental Health Treatment Need and Utilization published in the International Journal of Methods in Psychiatric Research, June 2012, Volume 21(2): 88–97. Addiction and substance abuse were measured using three items from the TAPS-1 quick-screen tool from the National Institute on Drug Use, to assess frequency of problem use of alcohol, prescription medication and illicit substances. Problem use of substances was not measured in 2019, so comparisons are not available.

    About The Standard

    The Standard is a family of companies dedicated to helping customers achieve financial well-being and peace of mind. In business since 1906, we are a leading provider of financial protection products and services for employers and individuals. Our products include group and individual disability insurance, group life, dental and vision insurance, voluntary (employee-paid) benefits, absence management services, and retirement plans and annuities for employers and individuals. For more information about The Standard, visit standard.com or follow us on FacebookTwitter or LinkedIn.

    The Standard is the marketing name for StanCorp Financial Group, Inc., and its subsidiaries: Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Mortgage Investors, Inc., StanCorp Investment Advisers, Inc., StanCorp Real Estate, LLC, and StanCorp Equities, Inc.

    Contacts

    Lisa Martin-Bomnskie
    503.972.8832
    pr@gradybritton.com

    Originally Posted at Business Wire on March 12, 2021 by The Standard.

    Categories: Industry Articles
    currency