The Manulife / Ipsos Reid Health and Wealth Wellness Study 2014 is based on the results of an online survey of over 2,000 working Canadians from across Canada. The survey was fielded in February 2014.
There are strong links between how financially prepared an employee feels, and how healthy, engaged and productive they are in the workplace.
There is a positive link between health and financial wellbeing. Employees that are financially prepared are more likely to be healthier than those feeling unprepared.
There is a very strong link between having a benefits and savings plan and being financially prepared. In fact, individuals with both a workplace benefits and retirement savings plan are over 50% more likely to be financially prepared than those without plans.
Financial advisors improve chances to be financially prepared.
Source: Read the Manulife report here.
About Homewood Health
Homewood Health is the Canadian leader in mental health and addiction services. With over 130 years of experience, we achieve outstanding outcomes every day through our national network of nearly 4,000 employees and clinical experts, and through the Homewood Health Centre — one of Canada’s largest and leading facilities for medical treatment of mental health and addiction disorders. Our complete suite of services includes organizational wellness, employee and family assistance programs, assessments, outpatient and inpatient treatment, recovery management, return to work and family support services, customized to meet the specialized needs of individuals and organizations. Homewood Health is redefining mental health and addiction services to help Canadians live healthier, more productive and more fulfilling lives.
NOTE: The content and opinions offered in Healthy Workplaces blog posts do not necessarily reflect the formal stance of Homewood Health, unless otherwise identified. We bring this information forward in the interests of openly sharing valued information in this time of fast-growing online conversations and knowledge.