MEQ

Highly Positive, Resilient Employees Less Afraid of AI, Unthreatened About Job Security, and More Likely to Experience Productivity, meQ's AI Study Finds

Retrieved on: 
Thursday, May 2, 2024

BOSTON, May 2, 2024 /PRNewswire/ -- The implications of Generative AI technology on employees are greatly dependent on their problem-solving skills and how resilient and positive they are, according to the new meQuilibrium (meQ) Workforce Well-being study of 5,989 employed adults released today. A quarter of employees (25.3%) with low positivity are concerned that AI threatens their job security, compared to 16% of workers with high positivity. Strong problem-solving skills make employees 66% more likely to experience productivity gains from Gen AI, and nearly half as likely (49% less) to worry about their job security being undermined.

Key Points: 
  • Strong problem-solving skills make employees 66% more likely to experience productivity gains from Gen AI, and nearly half as likely (49% less) to worry about their job security being undermined.
  • Highly resilient employees feel less threatened by Gen AI and more likely to make productive use of the tools, the study found.
  • Resilient workers are 35% more likely to report that Gen AI tools help them be more productive in their day-to-day work.
  • In addition, resilient employees are half as likely than low resilience employees to express fears that AI systems pose a threat to their job security (13% vs 26%).

meQ Introduces Pioneering, Proprietary sparQ™ Generative AI Technology Into Its Workforce Resilience Platform

Retrieved on: 
Thursday, April 11, 2024

BOSTON, April 11, 2024 /PRNewswire/ -- Organizations collect complex sets of data about their workforce but it's often a challenge to identify the underlying psychosocial factors impacting risks to employee well-being and performance, and act upon the data. Today, meQuilibrium (meQ), with its groundbreaking global database of workforce psychometrics, announced the launch of its new, proprietary generative artificial intelligence technology, "sparQ™", which leverages meQ's billions of unique human cognitive and behavioral data points to illuminate overall workforce risks in an organization and provide actionable, personalized interventions to individuals.

Key Points: 
  • Today, meQuilibrium (meQ), with its groundbreaking global database of workforce psychometrics, announced the launch of its new, proprietary generative artificial intelligence technology, " sparQ ™", which leverages meQ's billions of unique human cognitive and behavioral data points to illuminate overall workforce risks in an organization and provide actionable, personalized interventions to individuals.
  • meQ's new generative AI technology will enhance and advance its already unrivaled insights and impact.
  • With sparQ , the world's leading companies can use meQ to obtain deep insights and key interventions that are operationally relevant to their business.
  • "We are proud of our team's achievement in developing technology that takes advantage of the power of generative AI's capabilities within the meQ digital resilience solution," said Bruce.

Modine Launches New MEW Electric Unit Heaters for Washdown and Corrosive Environments

Retrieved on: 
Wednesday, February 28, 2024

RACINE, Wis., Feb. 28, 2024 /PRNewswire/ -- Modine (NYSE: MOD), a leader in innovative heating solutions in the HVAC industry, has announced the launch of the MEW, a new corrosion-resistant electric unit heater that is designed to be used in non-hazardous washdown and corrosive environments. This new unit provides a heating option for use in the farming and agriculture, food and beverage production, car wash, oil and gas, petrochemical and dairy industries.

Key Points: 
  • The MEW fills the market demand between Modine's full line of commercial electric heaters, HER/VE/PTE, and its top-tier explosion-proof offering, HEX.
  • The MEW is the fifth new electric product Modine has brought to market in the past 12 months.
  • "The Modine® MEW is a new generation of NEMA 4X corrosion-resistant heater for those highly corrosive or washdown areas.
  • The MEW provides NEMA 4X protection against water penetration for longer life in corrosive or washdown environments, and the Epoxy-coated fan blade contributes to longer operational life.

MODINE WILL SHOWCASE NEW RESIDENTIAL AND LIGHT COMMERCIAL HEATING SOLUTIONS AT INTERNATIONAL BUILDERS SHOW

Retrieved on: 
Thursday, February 15, 2024

RACINE, Wis., Feb. 15, 2024 /PRNewswire/ -- Modine (NYSE: MOD), a leader in innovative heating solutions in the HVAC industry, announced today they are exhibiting and showcasing a variety of newly released heating options at the International Builders Show at booth SU1030.

Key Points: 
  • The company's Hot Dawg® Garage Heater and gas-fired patio heater will also be on display, offering contractors a variety of heating solutions to consider for commercial and residential spaces.
  • "Our goal at Modine is to meet contractors and heating professionals where they are," said Vice President and General Manager of Modine's Heating business, Jon Schlemmer.
  • We are excited about the diverse solutions we can display for contractors at the International Builders Show.
  • With our new low-profile offerings, they can build in heating solutions at the start of a project rather than retrofitting later."

Modine Expands Commercial and Residential Electric Infrared Heater Portfolio

Retrieved on: 
Monday, February 12, 2024

RACINE, Wis., Feb. 12, 2024 /PRNewswire/ -- Modine (NYSE: MOD), a leader in innovative heating solutions in the HVAC industry, introduced two new infrared products to its portfolio of heating solutions. Modine is expanding its residential electric product offerings to provide customers and contractors with a variety of heating solutions for commercial and residential spaces.

Key Points: 
  • Modine is expanding its residential electric product offerings to provide customers and contractors with a variety of heating solutions for commercial and residential spaces.
  • "At Modine, we remain committed to providing our commercial and residential customers with the necessary tools to meet their heating needs," said Jon Schlemmer, Vice President and General Manager of Modine's Heating business.
  • The new MEQ infrared heater provides a perfect balance between heating performance and low-light output.
  • The MES infrared heater features long-wave radiant and convective heat output, which provides consistent and powerful heat.

Frontline Workers Have Greater Mental Health Needs, Yet Are Less Likely to Seek Help, Study Finds

Retrieved on: 
Thursday, February 8, 2024

BOSTON, Feb. 8, 2024 /PRNewswire/ -- Despite having more demanding roles tied to a higher degree of stress, frontline workers are less aware of employer mental wellbeing benefits, more likely to say they do not have a problem, and--even when they acknowledge a problem–are less likely to reach out for help than their non-frontline colleagues, according to a new meQuilibrium (meQ) study of frontline worker mental well-being released today. The study of 1,183 US-based workers revealed that rates of anxiety and depression among frontline workers are 33% and 61% higher, respectively, and when facing high stress, they are 30% less likely to seek out professional assistance, compared to their non-frontline counterparts.

Key Points: 
  • Even though frontline workers are less aware of mental well-being benefits, meQ's workforce well-being research shows that frontline populations demonstrate significantly larger improvements in resilience–the skill that protects workers from burnout risk – than non-frontline populations.
  • Despite grappling with more demanding roles and the associated impacts on mental well-being, frontline staff are not always open to support.
  • Three-quarters (73%) of non-frontline Gen Z staff report feeling well-informed about available mental well-being benefits and less than half (43%) of frontline workers are aware of relevant benefits.
  • "It's clear that frontline workers shoulder greater burdens from highly demanding roles yet are less likely to seek support," said Dr. Smith.

Mainstreet Equity Corp Achieves 9th Consecutive Quarter of Double-digit Growth in Q1

Retrieved on: 
Tuesday, February 6, 2024

In Q1 2024, Mainstreet posted its ninth consecutive quarter of double-digit, year-over-year growth across all key operating metrics.

Key Points: 
  • In Q1 2024, Mainstreet posted its ninth consecutive quarter of double-digit, year-over-year growth across all key operating metrics.
  • Mainstreet vacancy rates decreased to 3.3% (despite 13% of Mainstreet’s portfolio currently being in the stabilization process) down from 4.4% in Q1 2023.
  • Margins on a same-asset basis improved to 64.2% in Q1, up from 61.5% in Q1 2023.
  • Liquidity remained strong at $418 million, despite high levels of acquisitions in Q1, providing Mainstreet with a strong cash balance to fund future organic growth.

meQuilibrium Selected by Point32Health to Support Emotional Health and Well-being of Their Colleagues

Retrieved on: 
Wednesday, January 24, 2024

BOSTON, Jan. 24, 2024 /PRNewswire/ -- meQuilibrium (meQ) has been selected by Point32Health, the parent company of Harvard Pilgrim and Tufts Health Plan, to support the mental well-being of colleagues within its family of companies.

Key Points: 
  • BOSTON, Jan. 24, 2024 /PRNewswire/ -- meQuilibrium (meQ) has been selected by Point32Health, the parent company of Harvard Pilgrim and Tufts Health Plan, to support the mental well-being of colleagues within its family of companies.
  • Point32Health colleagues can now access meQ to navigate challenges and build their adaptive capacity, resilience, and agility.
  • "At Point32Health, we strive to offer innovative tools that guide better health outcomes for our colleagues," said Pete Church, chief people officer, Point32Health.
  • The meQ solution is part of a comprehensive suite of benefits we offer to our colleagues with a goal of prioritizing their health and well-being."

Pessimism About Their Country is Employees' Pressing Concern, Says New meQ Workforce Well-being Survey

Retrieved on: 
Thursday, November 9, 2023

BOSTON, Nov. 9, 2023 /PRNewswire/ -- Pessimism about their country is at the core of workers' 'circles of fear', according to a new meQuilibrium (meQ) workforce well-being study which found that three-quarters (75.1%) of the 4,466 members surveyed reported feeling worse when they think about the state of their country. 

Key Points: 
  • Technology and communications sectors were among the hardest hit by job stress, surging by 91% and 83% year over year, respectively.
  • "Uncertainty, pessimism and stress still loom large in the workplace," said Brad Smith, PhD, Chief Science Officer, meQ.
  • No matter the challenge – turnover, diminished productivity, pessimism, or stress – resilience is the key to protecting employee well-being.
  • "Proactive efforts to train supportive managers and build resilience could pay dividends in shoring up retention and improving productivity."

meQuilibrium Presents Annual meQ Resilience Awards to JPMorganChase, Qualcomm, KBR, Paychex, Genentech US Roche, and Citizens

Retrieved on: 
Thursday, October 12, 2023

BOSTON, Oct. 12, 2023 /PRNewswire/ -- meQuilibrium (meQ), the #1 digital solution for building workforce resilience, has announced the winners of its annual Resilience Awards, which honor one extraordinary HR leader and five exceptional organizations for their achievements in workforce resilience.

Key Points: 
  • HR leader Kristin Chenevert, Health and Wellness Manager at Citizens was named 2023 meQ Resilience Champion of the Year for driving initiatives that enable Citizens to embrace resilience, a keystone of their mental well-being strategy.
  • Paychex was awarded the Best Use of Data award, which recognizes excellence in leveraging meQ data and insights to better understand the well-being of a pilot population and inform an improved HR strategy.
  • The Resilience Innovation Award was presented to Genentech and Roche US Diagnostics for their work in driving new approaches for building resilience in an environment of change and uncertainty.
  • They partnered with meQ to develop a new psychosocial risk assessment survey, leveraging insights to provide more holistic, data-driven improvements.