For 87% of people, work is tedious, according to Deloitte and other researchers. Due to this common feeling about work, employees develop depression, ulcers or other conditions over time. US employers spend $200 billion every year in stress-related healthcare. Europe spends nearly as much.
US firms also spend heavily on assessments and surveys that, for several decades, have shown the same result: their workforces are disengaged. Talent flies out the door; young workers would rather eat microwave ramen at a start-up than apply for a secure job in a Fortune 1000 company.