Cigna Healthcare Survey reveals pressing need for employee support
Global economic shifts driven by pandemics, food shortages, and inflation have led to unprecedented uncertainty for businesses and their employees. To gain a better understanding of the challenges confronting employers within this new landscape, Cigna Healthcare conducted a comprehensive survey involving nearly 9,000 individuals worldwide, including 1,100 participants each from the UAE and KSA. The survey aimed to uncover their concerns, assess their current health status, and gain insights into the support needed to promote healthier lives in these challenging times.
The survey revealed that rising inflation and the escalating cost of living stand as major concerns for individuals globally, with 25 percent of respondents in the Middle East identifying the inflation crisis as their primary concern. Rising bills and sluggish economies are leading to heightened uncertainty, causing stress levels to mount and mental and physical health to decline. Regionally, 72 percent of respondents felt that these rising costs were making it challenging to maintain good health, and 54 percent expressed uncertainty in their ability to meet their own or their family’s medical needs.
Dr. Dawn Soo, Cigna Healthcare's Regional Medical Officer for the Middle East and Asia, stressed the need for employers to provide holistic healthcare benefits, initiatives, and a supportive culture where employees can openly discuss challenges. The survey further highlighted the critical connection between employees’ mental and physical health and productivity, underscoring the necessity of prioritizing employees' health security as a core ESG imperative.
Recognizing that poor employee mental health isn’t just detrimental to individuals but also impacts organizations' financial health, Cigna Healthcare introduced the 5 percent Pledge, urging business leaders to invest 5 percent of their work time to enhance employee mental health and well-being.
As uncertainties continue to reshape the business landscape, the Cigna Healthcare 360 Global Well-being Survey highlights the urgency for companies to prioritize employee well-being. By dedicating resources to the health and mental well-being of their workforce, businesses can ensure their resilience and success in an ever-changing world.