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July 2023 Volume 21, Number 7 | |||||
Unlocking Employee Potential with Divorce Coaching BenefitsA divorce is a life event that is both common and challenging, and its impact on an employee’s professional life can be profound. The most recent CDC data shows that over 34% of marriages end in divorce.
According to a 2022 Good Housekeeping and SupportPay study, about 70% of the workforce is touched by divorce at any given time. The psychological stress, time-consuming legal proceedings, and financial worries associated with divorce can significantly affect an employee’s concentration, motivation, and overall work performance. Health, Financial Strains, and Absenteeism: The Personal Costs of Divorce
Beyond lost productivity, divorce can take a toll on an employee’s health and financial stability. Sixty-seven percent of divorced people experience health declines and strains on finances, data from the Good Housekeeping study suggests.
The Role of Divorce Coaching
In the face of these challenges, divorce coaching emerges as an innovative solution offering emotional and practical support.
Benefits to Employers
TProviding resources that help employees who are going through a divorce also benefits the organization by reducing productivity losses. Integration into Employee Benefits Programs
Successfully integrating divorce coaching into existing employee benefits programs requires a team effort involving HR managers and company leaders. As the first point of contact for employees seeking help, HR managers play a pivotal role in providing divorce support.
Complementing Traditional Employee Assistance Programs
Divorce coaching is not meant to replace traditional Employee Assistance Programs (EAPs) but is designed to complement and enhance these existing services.
Creating a Culture of Empathy
By providing a safety net during one of life’s most stressful periods, employers can help ensure that employees are able to bring their best selves to work, even amidst personal hardships.
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Unlocking Employee Potential with Divorce Coaching Benefits The Silent Crisis: Rising Mental Health Problems at Work The IRS Takes on Inflation: Major Changes in HSA and HDHP for 2024 How to Compete in Today’s Tight Labor Market
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