Companies are increasingly aware of the importance of supporting their employees’ mental health and wellbeing, with recent research available on the impacts it has on productivity, organisational culture and profitability. Here are some of the key reasons a business should start considering investing in employee wellbeing and mental health support.
1. Happy employees are more productive
This may sound silly to some, but happiness is scientifically proven to be a game changer at work. Research shows that happy employees are up to 31% more productive, besides achieving 37% higher sales and being three times more creative. Not bad, huh?
2. Happy employees treat customers better
People can easily identify when others are happy or not. We can sense the friendliness in somebody’s voice, eyes and body language. The good news is: happiness is also contagious, studies suggest that it spreads to one person to another – and can even go beyond that, to friends of friends! Naturally, customer experience is more pleasant when employees makes them smile and good about themselves.
3. Employees who receive wellbeing support are less likely to quit their jobs
In the UK alone, 300,000 people lose their job each year due to a mental health condition. This results in high employee turnover for companies and increased costs for recruitment and training of new staff. Today, it is estimated that promoting mental health programmes in the workplace can lead to a return of investment of nearly £9 for every £1 invested.
4. Companies who care about their teams attract the best talent
Although the correlation between employee benefits and talent retention is common sense, the extent to which wellness programmes can impact an organisation is far above usual expectations.
A recent survey found that 85% of companies said that their wellness programmes had a “high impact on employee engagement, recruitment, retention and company culture”. Still, employers struggle to catch up with their workers’ demands: while 60% of employees value mental health and wellness counselling, less than 21% of companies have a mental health counselling initiative in place and only 35% provide wellness programmes.
5. Mental health is an invisible disease: you never know who might be needing help
As an employer, it can be difficult to tell whether your staff needs mental health support. Stigma related with mental health conditions results in 35% of people believing they would be less likely to get promoted if they had depression. As a consequence, workers do their best to hide their internal struggles and rarely open up to their managers when there’s something wrong: only 11% of employees shared a recent mental health problem with their superiors.
Are you looking to improve your wellbeing? Download The Frida Project app and get personalised professional support for personal development and emotional wellbeing.
About the Author
Vivian is the CEO and founder of The Frida Project, a startup that provides wellbeing support online. Their mobile app offers support group programmes guided by psychology experts for increased wellbeing and work satisfaction. Learn more at www.thefridaproject.com.
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