Health benefits

90% of U.S. employers plan to invest more in mental health benefits in 2022: survey

Read: Employers to improve mental health benefits over next three years, survey finds

“As employers continue to appreciate how vital mental health is to overall well-being, along with a host of positive organizational outcomes, they are rapidly expanding the range of their mental health benefits,” said a report on the results of the investigation.

A majority (86%) of respondents said that mental health resources are the most common benefit used by employers who adopt burnout plans. According to respondents, the top three actions employers take to prevent and mitigate employee burnout include: mental health resources (86%), flexible work hours (73%), and employee engagement opportunities. employees (32%).

Among companies that lack strategies to prevent and mitigate burnout, survey respondents said the top barrier is a lack of budget (64%), which is a bigger concern for small businesses. More than half (55%) of respondents also said that employers feel constrained by limited internal resources, which is also a problem for more than two-thirds (69%) of large companies.

Read: Employers bolster mental health benefits amid pandemic: survey

Additionally, 80% of respondents said employers intended to invest more in telemedicine and coronavirus vaccinations (57%). And given the ongoing pandemic, respondents said employers plan to invest less in on-site fitness classes (63%), health fairs (59%), free healthy food/ stocked kitchens (54%), biometric screenings (50%). ) and on-site clinics (35%).

Currently, the top three new benefits offered by employers to promote mental health in the workplace during the pandemic are employee assistance programs (62%), digital health tools (46%) and education ( 43%).

Notably, the survey found that 84% of respondents said employers’ decision to invest more in benefits was driven by a desire to realize a return on investment, while others said the increase of the investment was due to the desire of employers to match the interests of the company with those of the employees. interests (81%), creating competitive plans for staff (77%), as well as rising benefit costs (72%), uncertainty about health care reform (48%) and concerns about data security (40%). percent).

When it comes to employers deciding which vendors to use, the top five criteria cited were price (75%), flexibility/customization (63%), innovation/technology (55%), reporting/measurement (52%). percent) and customer service (44 percent).

Read: Mental Health Summit 2021: Using mental health supports to attract and retain talent in a tight job market