70% of C-level executives and 57% of employees may quit for jobs that better support well-being: Deloitte

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According to a report by Deloitte, employees and executive-level business leaders are struggling to prioritize their well-being because of work pressure.

The survey found that 57% of employees and nearly 70% of C-suite executives are considering quitting for a job that better supports their well-being.

Key findings from the report:

  • 63% of employees and 73% of C-suite leaders report their job doesn’t allow them to take time off from work and disconnect. In addition, for 68% of employees and 81% of C-suite, improving their well-being is more important to them than advancing their career right now.
  • Around one in three workers and executives “always” or “often” feels exhausted, stressed, overwhelmed, lonely or depressed.
  • Only 65% of employees rate their physical health as “excellent” or “good,” but 89% of executives believe their workers are thriving. On the other hand, 56% of employees think their company’s executives care about their health, while 91% of C-level executives see themselves as caring leaders.
  • 95% of C-suite leaders agree that they should be responsible for employee well-being, with 68% admitting they are not doing enough to safeguard their health. On the flip side, only 31% of employees feel their leaders are health conscious and feel leaders should take better health initiatives.

“The pandemic made well-being more vivid for many of us, yet many employees and leaders are struggling to find the organizational support they need to address it,” US executive accelerators leader and Deloitte’s US technology sector vice chair Paul Silverglate said.

“It’s clear that well-being is a top-down concern, and today’s C-suite has a great opportunity to drive organizational change to create a better workplace for all.”

The survey was conducted by Deloitte and Workplace Intelligence in February 2022 and includes responses from 2,100 employees and C-level executives across the US, UK, Canada and Australia.