Source: www.ctvnews.ca
A new report from RBC Insurance has found that nearly half of long-term disability claims among younger employees in 2021 were related to mental health issues.
The report, released Wednesday, says the COVID-19 pandemic has “opened the door” to a better understanding of individual mental health needs as many employees prioritize workplace benefits plans amid an increasingly competitive job market and ongoing labour shortages.
Among RBC Insurance group plan members, the organization reported that 49 per cent new group long-term disability claims for younger employees between the ages of 18 and 35 were related to mental health, which RBC noted is trending upward since 2019.
Moreover, the report found that nearly half of younger Canadian employees surveyed indicated their employee benefits plan had not sufficiently addressed their health and wellness needs in the past year