Workforce burnout threatens employee retention in U.S.
GEORGIA, UNITED STATES — Employers in the United States are facing mounting challenges retaining staff as employee burnout reaches critical levels, according to a new survey by supplemental insurance provider Aflac Incorporated.
The study of over 1,000 full-time workers highlights a concerning decline in employee confidence that companies care about their wellbeing – only 48% believe so, down from 59% in 2021.
The 13th annual Aflac WorkForces Report reveals stark disparities in burnout rates across demographics, with women and younger generations most affected. Sixty-seven percent of Generation Z (Gen Z) and 64% of millennials say they are experiencing moderate to high burnout, compared to just 58% of men.
Financial instability compounds these stresses, as half of respondents cannot withstand sudden medical bills over $1,000.
Aflac’s solutions focus on mental health resources and flexible arrangements to engage talent. However, the survey uncovers a disconnect, with 70% of employees feeling their employer isn’t doing enough to address burnout. Only 21% report having open conversations with human resources (HR) about solutions.
A Fortune 500 company, Aflac has helped provide financial protection for more than 67 years to millions of policyholders and customers through its subsidiaries in the U.S. and Japan.
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