'With many Canadians losing sleep over common stressors such as finances, this has a cascading effect on lifestyle factors'
By Jim Wilson
Nov 20, 2024
Workforce well-being continues to be a priority for Canadian employers, according to a report.
Overall, 77 per cent of employers indicate that their health benefits plan is extremely or very important to their organization overall.
Despite this, Canadians' average well-being score has remained low over the past 18 months, with a score of 49.4 out of 100, finds Dialogue Health Technologies
Ang young Canadians are suffering more compared with other workers.
Less than half (48.6 per cent) of Canadians report that they have high levels of life satisfaction (8 or higher on the 0-to-10 scale, where 0 means “very dissatisfied” and 10 means “very satisfied”), in the first quarter of 2024, according to Statistics Canada (StatCan).
Why are young people more stressed?
Half of Canadians under 35 identify money as a top stressor, according to Dialogue's survey of 12,000 Canadian respondents from Jan. 1 to June 30, 2024.
Financial stress weighs heavily on the minds of younger Canadians, with nearly 3 in 4 (72 per cent) stating that it has had at least one negative impact on their lives.
Overall, Canadians are eager for financial guidance, with:
- retirement planning (73 per cent)
- investing (68 per cent)
- saving (68 per cent) being the most sought-after.
“With many Canadians losing sleep over common stressors such as finances, this has a...
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