>> AND WELCOME BACK TO
CHEDDAR WELLNESS EVERYONE, ONE
THING THIS PAST YEAR HAS
BROUGHT US HIS RENEWED
AWARENESS WHEN IT COMES TO OUR
MENTAL HEALTH AND WITH THIS
COMPANIES HAVE STEPPED UP
THEIR GAME. ALL HAVE EMPLOYEES
MANAGE STRESS AND ALSO ADJUST
TO THE NEW NORMAL.
THIS IS WHY HEADSPACE FOR WORK
RECENTLY RELEASED THEIR 2021
MENTAL HEALTH TRENDS REPORT IS
JOINING US NOW TO DISCUSS THAT
AND SO MUCH MORE AS HEAD SPACES
CHIEF
BUSINESS OFFICER CINDY CINDY
GREAT TO HAVE YOU HERE, THANKS
SO MUCH FOR JOINING US. SO THIS
NEW REPORT DIVES INTO 5 TRENDS
THAT ARE SHAPING THE STATE OF
THE EMPLOYEE MENTAL HEALTH OUT
THERE. WHAT WERE SOME OF THE
TOP TRENDS THAT YOU GUYS SAW IT
AND WERE YOU SURPRISED BY ANY
OF THESE.
>> YEAH HERE SO YOU'RE RIGHT WE
WE IDENTIFY 5 REBEL SOMEWHERE
CONCERNING AND SOMEWHERE
SURPRISING AND SOMEWHAT
SURPRISING TO YOU
LIKE MOST CONCERNING ONE THAT
WE SHOULD PROBABLY START WITH
THIS. THE FACT
THAT EMPLOYEE THERE SEEM TO BE
RETREATING WHEN EMPLOYEES NEED
THEM THE MOST AND SO WHEN YOU
LOOK BACK AT
2020 54 PERCENT OF EMPLOYEES
SAID THAT THEY FELT THEIR
ORGANIZATIONS OFFERED BENEFITS
OR PROGRAMS THAT WE'RE FOCUSED
ON THEIR MENTAL HEALTH.
THIS YEAR IN 2021 THAT ACTUALLY
REDUCED TO 47% SO MAYBE NOT
SPECIAL 3 CURRENT STARTING
RIGHT NOW, BUT SURE WHAT
WE'RE SAYING ANOTHER TREND THAT
I LIKE TO CALL OUT IS IS REALLY
QUITE SIGNIFICANT DESPITE THE
FACT THAT EMPLOYERS AND TO BE
RETREATING A LITTLE BIT IN
BOYS ARE ACTUALLY ACKNOWLEDGING
THAT THEY NEED YOUR HELP MORE
THAN AND
THEY'RE WITH AND TO USE THE
PRODUCTS THAT COMPANIES OFFERS
TO THEM THIS PART OF THEIR
BENEFITS PACKAGES IN FACT
MINDFULNESS APPS ARE USED
PROPORTIONATELY MORE THAN OTHER
BENEFITS APPS THE LAST RUN THAT
I WANT TO SPECIFICALLY CALL OUT
IS THE FACT THE PRIORITIES ARE
CHANGING SUBSTANTIALLY. SO IN
IN JUST A YEAR
OUR PRIORITIES HAVE SHIFTED AND
THE FOCUS IS NO LONGER
IT'S MUCH ON HEALTH BENEFITS
THAN TRADITIONAL BENEFITS
FINANCIAL BENEFITS SUCH AS
FOUR OH ONE K IN RETIREMENT.
BUT NOW
THEY WERE QUEST SAYS THE
PRIORITIZATION IS MUCH MORE
AROUND THE OPTION TO WORK FROM
PAID PARENTAL LEAVE MENTAL
HEALTH BENEFITS AS
A REFERENCE AND THEN ALSO
FLEXIBILITY IS RISING TO THE
TOP FASTER
THAN EXPECTED.
>> YEAH, I'M GLAD YOU MENTIONED
ALL OF THAT BECAUSE YOU'RE
RIGHT WE'RE LIKE ALMOST
ENTERING THIS NEW PERIOD WHERE
THE JOB MARKET IS WHERE IT IS
AND PEOPLE ARE PICKING JOBS FOR
DIFFERENT REASONS.
DO YOU THINK BECAUSE OF BASED
OF WHAT WE'VE GONE THROUGH
CINDY SOME PEOPLE WILL PICK AND
CHOOSE JOBS BASED ON WHAT
MENTAL HEALTH, JUST AS THEY
HAVE WHAT SORTS OF THINGS THAT
THEY HAVE AVAILABLE TO THEM
EVEN OVER HEALTH INSURANCE
REFORM ONE K LIKE YOU JUST
MENTIONED YEAH THERE.
>> VERY MUCH SO SO THIS REPORT
SAYS IS THAT WHEN WE TALK TO
DIFFERENT COMPANIES ABOUT WHAT
THEIR EMPLOYEES ARE ASKING FOR.
IT'S SEEN THERE
AS WELL WHEN YOU THINK ABOUT
WORK FORCE AND THEM WANTING
RESEARCH COMPANIES THAT THEY
MAY WANT TO
PARTNER WITH WE'RE ACTUALLY
FINDING THAT THAT'S ONE OF THE
TOP THINGS EMPLOYEES ARE
LOOKING FOR IS WHAT
ARE YOUR CARE I'M SORRY YOUR
MENTAL HEALTH WHAT KIND OF
PROBE RAMS DO
YOU HAVE I MAY USE THIS TODAY I
WANT TO MAKE SURE THAT THAT'S
RIGHT CADE AND A NEW PLACE
OF EMPLOYMENT AND EMPLOYS DON'T
WANT TO JUST RUN THEMSELVES.
THEY WANTED FOR THEIR SPOUSES
AS WELL. AND THAT'S SOMETHING
YOU THAT OUR YOUNGER GENERATION
IS ASKING FOR UP FRONT AS
OPPOSED TO MAYBE A PREVIOUS
GENERATION WHERE WAS NOT A DID
NOT RISE TO THE TOP SPOT.
EACH.
>> I WILL TALK ABOUT ANOTHER
TREND WITH ESPECIALLY WHEN IT
COMES TO GENDER AND
AGE GROUPS AND I'M REALLY EVEN
ROLES HERE WITHIN COMPANIES
BECAUSE WOMEN ACCOUNTED FOR THE
LARGEST INCREASE IN REPORTED
USE A LOT OF THOSE MENTAL
HEALTH BENEFITS, WHY WAS THAT
AND IS AND IS THAT A NOTABLE
TREND THAT YOU'RE SEEKING TO
SEE POTENTIALLY CONTINUE HERE.
>> YEAH, SO IT IS NOT
SURPRISING AND IF YOU THINK
BACK TO THOSE STORIES THAT YOU
GUYS JUST
WALK THROUGH. WOMEN
DISPROPORTIONATELY MAY BE
TURNING TO
ALCOHOL MORE. SAME SAYING
THEY'RE THEY'RE LOOKING TO
MEDICATE IN A WAY TO HELP
REDUCE SOME OF THE STRESS
IF YOU THINK SIR THAT INCREASE
ON STRESSED INCREASE
IN STRESS FOR WOMEN
DISPROPORTIONATELY 58% IN OUR
STUDY NOTED THAT THAT WE WERE
EITHER MORE EXTREMELY STRESSED
IN MEN IT WAS 46%.
SO IT IS A DISPROPORTIONATE
AMOUNT AND WOMEN ARE LOOKING
FOR MORE WAYS
TO HELP AND TO YOUR THEIR
JOURNEY TO SOLUTIONS WHETHER IT
BE MENTAL ALL ALCOHOL OR OTHER
WAYS TO COPE WITH THE STRESS
AND CITY ALSO YOU'RE SERVING
ALSO SAW AN INCREASE OF
EMPLOYEES WHO WERE REPORTED
MENTAL HEALTH BIRD.
>> NOW ALREADY AS WELL BECAUSE
WORK HAS JUST GOTTEN SO CRAZY
DO YOU THINK MENTAL HEALTH
BENEFITS WOULD ALSO HELP A LOT
OF THESE PEOPLE WHEN IT COMES
TO
BURN OUT. YEAH, IT DEFINITELY
DOES THE STUDY
SHOW THAT.
>> THERE IS BURNOUT AND THE
FACT THAT WORK IMPACTS PERSONAL
LIFE
AS WELL. AND PRODUCTIVITY SHOWS
THAT THERE'S A NEED FOR HEALTH
BENEFITS THERE.
>> BURNED.
>> HOW IS A RISING THREAT TO
RETENTION AND ENGAGEMENT
AND PRODUCTIVITY AND STUDIES
HAVE SHOWN THAT HAVING ACCESS
TO MENTAL HEALTH BENEFITS HELP
SACK AND IN
FACT WAS IT'S A VERY SHORT
AMOUNT OF USAGE HAS HAS SHOWN
BENEFITS JUST 10 DAYS OF NEW
SEARCH SHOWS THAT THERE'S A
REDUCTION AND SINCE TRUST 30
DAYS OF USING HEADSPACE
REDUCES STRESS A 3RD SO THOSE
ARE DEFINITELY THINGS THAT
COMPANIES ARE CONSIDERING RIGHT
NOW YOU
LOW EFFORT WAYS TO
SUPPORT THEIR EMPLOYEES AS HAS