As high as 89 per cent of the population in India say they are suffering from stress, compared to the global average of 86 per cent, revealed a study by Cigna TTK Health Insurance, a joint venture between US-based health services company Cigna Corporation and India’s TTK Group.
The findings of the study titled ‘2018 Cigna 360° Well-Being Survey–Future Assured,’ indicates that stress levels — mostly on work and finance related issues — are high in India compared to developed and emerging countries including the US, UK, Germany, France, China, Brazil and Indonesia. Nearly 14,500 people in 23 markets around the globe were interviewed online for the fourth edition of this study, which focused respondents’ perceptions and concerns on five core areas: physical health, family, social, finances and work environment.
Sadly, it is found that, one in eight people have serious trouble in dealing with stress, with Millennials suffering more than other groups. Some 75 per cent of respondents in India do not feel comfortable talking to a medical professional about their stress.
As per Cigna TTK Health Insurance report, India takes the top spot in the overall global well-being index for the fourth year running.
The country only showed slight declines in physical, social and family wellness this year, while respondents remained optimistic about work and financial well-being. The largest percentage falls in the physical area were seen in weight and nutrition management, followed by sleep-related challenges. In the social pillar, over 50 per cent of the people from India said they are not spending sufficient time with friends, nor do they have enough time for hobbies. The dip in family well-being is mostly due to growing concerns about the ability to financially support parents and children.
Work and finances are the key reasons people cited for their high level of stress. However, workplace wellness overall scored high, with about half the respondents saying they have received support and are participating in a workplace wellness programme. The majority, 87 per cent, said that workplace wellness programmes are important in choosing between two potential employers, said the study.
Nirmala Menon, corporate work culture expert and MD at Bangalore-based Interweave Consulting, said, “Knowledge economy companies are increasingly realising the importance of turning their workforce into a happy and stress-free community for better productivity. Earlier, the stress was on engagement; today clearly the focus is on the well-being of each employee. HR departments are going out of their way to help employees to manage stress.’’
“The workplace plays an important role in the health and well-being of an employee. Managing workplace stress is important for corporations, as they can include health and wellness programmes in every employee’s benefits package. Employers can offer practical solutions such as flexi-hours or stress management programmes that include mental wellness. These benefits can boost employees’ confidence. At the end of the day, good health equals to good business,” said Prasun Sikdar, MD and CEO, Cigna TTK Health Insurance.