Why Supporting Mental Wellness at Work is Good for Business

Aug 29, 2024

The majority of us spend a big part of our lives at work. This is where we can find structure, social interaction, and emotional support. Because of this, the workplace plays a big role in an employees' mental state. In today’s world, taking care of employees’ mental well-being is not just a nice-to-have perk—it’s a must.

Helping employees manage stress and mental challenges does take time, money, and effort, but the cost of not doing so can be much higher.

When employees are stressed, they are more likely to take time off work or be less engaged. This can hurt a company’s bottom line. 

Mental health issues like depression and anxiety is expensive for employers. For example, depression alone costs the U.S. economy over $210 billion every year due to absenteeism and lost productivity. Additionally, depression can lead to higher costs in terms of disability leave and physical health problems in the work setting.

Implementing positive workplace mental practices can improve both physical and mental well being of the employee, boost the companys morale, and benefit the business financially. A 2023 Work in America survey found that employees placed a high value on mental health support. With 92% of workers saying it’s important to them that their employer cares about their emotional and psychological well-being. The same percentage said they want their workplace to provide mental health support.

Creating a supportive work environment and offering mental resources can also help you attract top talent. However, even if you’re committed to supporting your employees’ mental health, it can be challenging to figure out the next steps to take. 

If you are ready to transform your workplace into a space of productivity and positivity,

Reach out to schedule a consultation here

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