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5/16/2017 |
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Mental Health Takes On New Meaning For Millenials At Work |
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Mental Health Takes On New Meaning For Millenials At Work by Rita Pyrillis Depression rates among young adults are on the rise. Companies like EY and American Express have programs to address this. Charles Lattarulo joined American Express to lead its behavioral health program five years ago, employees seeking mental wellness services were typically referred to a phone-in employee assistance program that few people utilized. With more and more young employees joining the workforce, he realized that a different approach was needed to meet their unique needs. “Millennials are under different stressors than older workers,” he said. “They are the first generation to make less money than their parents, the first generation with a lot of debt coming in to work, and the first generation to grow up with social media. They don’t mind posting about their lives, but they may not seek help.” Those born between 1978 and 1999 are also struggling with depression in greater numbers — more so than other generations in the workforce, according to a 2013 survey by the American Psychological Association. Given that millennials make up the largest segment of the U.S. workforce, employers have reason to be concerned, according to Mike Thompson, mental health advocate and president and CEO of National Alliance of Healthcare Purchaser Coalitions. “Considering how important millennials are to the current and future makeup of their workforce it’s critical that employers address their expectations and needs,” he said. “The fact that depression rates among young adults could be increasing should be highly alarming.” Read full article on Workforce.
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