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Legal & General’s Not A Red Card (NARC) Ambassador and two-time Olympic gold swimming champion Rebecca Adlington OBE will focus on burnout at this year’s REBA Employee Wellbeing Congress. This comes in response to reports that mass homeworking is leading to a new culture of “e-presenteeism”, whereby employees feel obliged to be online as much as possible, even outside of work hours and when they are feeling unwell.
18 Aug 2020
Rebecca commented: “There are clear parallels here with the world of sport. Many Olympians and elite athletes experience burnout. They try to ramp up efforts when they are just not seeing results, training harder and longer. They compete more. They seek out more coaching. All of which can end up being counterproductive and affect their mental health. The only way out of it is to let go of any excessively high expectations and demands for achieving certain standards.”
Burnout was added last year by the World Health Organisation (WHO) to the international classification of diseases as an ‘occupational phenomenon’ which results from chronic workplace stress that hasn’t been managed effectively.1
A survey by LinkedIn and the Mental Health Foundation, carried out mid lockdown, found that three quarters (75%) of HR leaders believe the risk of employee burnout is increased potentially as a result of a new culture of ‘e-presenteeism’.2
Vanessa Sallows, Claims and Governance Director at Legal & General Insurance "While burnout isn’t a medical condition as such, there’s the risk that it could lead to illness, such as depression.3 Consequently, employers need to be alert and help prevent this happening through a combination of surveys and mood trackers, cultural practices – and better communication of existing benefits to ensure improved engagement and usage of mental health support services included as part of group income protection, for instance.Rebecca Adlington OBE will also be speaking at the 2020 NARC Forum & Awards, which will take place – virtually this year – on Wednesday 4th November. This event will look at workplace mental health insights and provide practical takeaways on how business and their employees can be well, get better and be supported."
Established in 1836, Legal & General is one of the UK’s leading financial services groups and a major global investor, with £1.2 trillion in total assets under management (as at FY23) of which c40% (circa £0.5 trillion) is international.
We have a highly synergistic business model, which continues to drive strong returns. We are a leading international player in Institutional Retirement, in Retail Savings and Protection, and in both public and private markets through our Asset Management division. Across the Group, we are committed to responsible investing and dedicated to serving the long-term savings and investment needs of customers and society.
As at 7 June 2024, we estimate the Group’s Solvency II coverage ratio to be 224%.
As at 11 June 2024, Legal & General has a market capitalisation of £14.6 billion.
Legal & General Insurance (LGI) has been offering life insurance cover since 1836 and is the UK’s number one individual life insurance provider. Our group protection business in the UK offers life insurance and income protection products to individuals through their employers and we offer term-life insurance in the US. We now have over 5.5 million UK life insurance customers, 1.8 million people in group protection schemes and approaching 1.3 million US term-life insurance policyholders. Here in LGI, we protect our customers and their loved ones throughout life and death.
*at 31 Jun 2021