C-suite members are seriously considering leaving their jobs in search of something more wholesome
It’s not a surprise that employers would rather leave their jobs than stay with organisations that not prioritise well-being – but recent research revealed that even members of the C-suite would do this too.
Deloitte's latest study revealed that 69% of C-suite members are "seriously considering" leaving their posts for another job that better supports their well-being, higher than the 57% of employees who did the same.
In fact, 56% of the executive respondents admitted to leaving a job in the past because it was negatively affecting their well-being, while 48% admitting doing the same. According to the report, 82% of the executive respondents and 62% of the employee respondents would be more likely to stay with their company if it better supported their well-being.
The results reflect how employees are not the only ones putting premium on well-being, but so do employers.
The report even revealed that 36% members of the C-suite always or often feel exhausted, while 41% said they always or often feel stressed with work - emotions that employees have also shared feeling in the past.
Interestingly, despite sharing the same struggle, members of the C-suite seem to overestimate the well-being of employees and how they feel about the steps taken by executives about it.
According to the report, 89% of C-suite believe their staff has good or excellent physical well-being, much lower than the 65% of employees who said so.
About 84% of C-suite think that the mental well-being of staff is at "excellent" or "good" levels, also much lower than the 59% who said so.
Even worse, only 56% of employees think their leaders care about them, but 91% of the employers said employees feel their leaders care about them.
Read more: How HR became a 'critical capability' in the C-suite
According to Jen Fisher, Deloitte's chief wellbeing officer, a contributing factor to the gap could be "many C-suite leaders haven’t had to deal with wellness and wellbeing programs, which have historically been the responsibility of human resources," she said as quoted by CNBC.
"Now, they're being told it's the responsibility of every C-suite leader."
The pandemic may have been showing signs of decline in some areas of the world - but its long-lasting effects remain for a lot of workplaces across the world.
Lori Cassleman, President and Chief Revenue Officer at Wello Virtual Healthcare, previously spoke with HRD to provide guidance on how to support well-being amid COVID-19.
This includes implementing a "strong and focused" communication strategy, as well as making employees well-aware of available resources to support them.
