50% of millennials and 75% of Gen-Zers have quit their jobs because their mental health was suffering
- Half of millennials and 75% of Gen Zers said they left work because of mental health issues
- Only 10% of baby boomers reported that they had done the same
- Millennials are three times more likely – and Gen Zers four times – to experience of anxiety at work compared to baby boomers
- 63% of millennials knew how to ask for mental health support services at their companies in comparison with baby boomers
Younger generations are more likely to quit their jobs due to mental health reasons, a new survey finds.
Half of millennials (ages 23 to 38) and 75 percent of Gen Zers (ages 18 to 22) said they quit because of conditions such as anxiety and depression.
It’s a stark contrast from the 10 percent of baby boomers (ages (ages 55 to 73) who said they’d done the same, according to the survey from Mind Share Partners, SAP, and Qualtrics.
The authors of the report say this is a sign of a ‘generational shift in awareness’ of when mental health is being damaged and needs to be prioritized.
Employers, they added, need to become more comfortable providing their workers with mental health support services.
A new survey found that millennials were three times more likely to experience anxiety, and Gen Zers were four times more likely, than baby boomers were (file image)
The survey canvassed 1,500 people who were at least aged 16 and older and working at a company with at least 11 employees.
Questions included how often the respondents experienced symptoms that might indicate their mental health was taking a hit, such as sweating and rapid heartbeat.
The survey also asked how these people’s anxieties affected their jobs and if they felt that had good mental health support in their workplace.
The results, published in the Harvard Business Review, showed 60 percent said they had experienced mental health symptoms in the past year.
However, only 20 percent of the overall respondents said they’d left work because of it.
Millennials were three times more likely to experience anxiety – and Gen Zers were four times more likely – compared to baby boomers.
Results found that millennials were also the most likely – at 63 percent – to know how to ask for mental health support services at their companies in comparison with baby boomers.
Kelly Greenwood, CEO and founder of Mind Share Partners, told CNBC Make It that she believes younger generations are seemingly more aware about what good mental health is compared to older generations.
‘Mental health is something they’re used to talking about freely,’ she said. ‘All the sudden they get into the workplace and they’re not supposed to talk about it.’
Survey answers varied not only by age, but also by race.
Results showed that nearly 50 percent of black and Hispanic participants had left a job for mental health reasons in comparison with 32 percent of white participants.
Minorities also had higher rates of every mental health symptom compared to all respondents.
‘Underrepresented groups come across additional challenges in workplace by virtue of race or ethnicity,’ Greenwood told CNBC Make It.
The survey also found that mental health impacted work performance, with 61 percent saying their mental health affected productivity and 37 percent reporting that their job environment contributed to their symptoms.
A 2005 report from the National Business Group found that more than 200 million work days are lost each year because of mental health conditions each year.
That equates to about $16.8 billion in lost employee productivity.
Additionally, 86 percent of respondents in the new survey said they believe a company’s culture should support mental health.
But the authors said that mental health in the workplace still remains a taboo subject.
‘Mental health is becoming the next frontier of diversity and inclusion, and employees want their companies to address it,’ they wrote.
‘It is not surprising then that providing employees with the support they need improves not only engagement but also recruitment and retention, whereas doing nothing reinforces an outdated and damaging stigma.’