YOUR NEXT BREAKTHROUGH
IS MENTAL HEALTH & WELL-BEING
The next business innovation won’t start with a piece of code or a new product. It starts with how leaders approach mental health in the workplace.
BUSINESS LEADERS CAN HAVE A POSITIVE IMPACT ON EMPLOYEE RESILIENCE, WELL-BEING AND CREATIVITY WHILE REDUCING COSTS.
Most of the world’s population spends one-third of their adult lives at work. The workplace and its leaders have a tremendous opportunity to improve quality of life for all people and play a critical role in driving mental health solutions. When work is fulfilling, it can help a person feel engaged, alive, productive and fulfilled. When work is stressful, overall quality of life suffers, and work-related concerns can exacerbate mental health conditions including anxiety and depression. There’s an interconnectivity between our personal and professional lives as well. When our home lives are fulfilling, we are able to bring our best selves to work. But when personal life challenges demand our attention, we can become distracted, upset and exhausted.
1 IN 5 AMERICANS
Nearly one in five American adults is affected by a mental health condition or addiction. Chances are, you are working alongside someone who has, or will, experience one of these illnesses – or you or a loved one have experienced it yourself.
Stigma & Fear
Unfortunately, stigma surrounding mental health, along with fear of being viewed differently, or even losing your job, has left much of America’s workforce avoiding treatment.
PROTECTING, SUPPORTING AND ENHANCING WELLBEING, INCLUDING EMPLOYEE MENTAL HEALTH, IS GOOD BUSINESS.
Mental health conditions cost an estimated $201 billion in 2013, significantly outpacing heart disease, cancer and diabetes. Today’s economy requires an engaged, resilient and innovative workforce. There’s also an economic imperative to address mental health.
200 MILLION LOST WORK DAYS
Depression alone is estimated to cause 200 million lost workdays each year.
Every $1 investment in mental health promotion has a $3 to $5 return.
Investing time and resources on mental health as a critical element of comprehensive employee well-being will:
Enhance the reputation of your organization, increase retention and recruitment and increase satisfaction.
Reduce employee-related risks and potential liabilities
Reduce total medical costs
Lower absenteeism, presenteeism (where you come to work but in a compromised state) and disability
CEOs can contextualize this with respect to the business impact for their own organization’s unique needs. If employees living with a mental illness aren’t able to function at their best, what is the result – missed, or poorly negotiated, business deals, missed deadlines, increased liability? Conversely, what can be gained when employees are able to perform at peak levels – increased business opportunities, increased revenue, on-time or ahead of schedule delivery on obligations?