If companies respond to falling revenues by cutting staff and spending on mental health, progress could be seriously undermined. Read on.
“If people are coming to the workplace with mental health issues, a progressive organization will recognize that it will affect performance, and there’s a self-interest to support them,” said John Ryan, chief executive of Healthy Place to Work, a data analytics company that focuses on workplace health. “The biggest driver of sustainable productivity is the health of your organization.”
The message seems to be getting through. In the most recent Edelman Trust Barometer Survey of 13 countries, 72 per cent of respondents said they trusted their employer to do what is right on health-related concerns. And nearly eight in 10 people expected their company’s chief executive to set an example on healthy behaviour — for example, by respecting work/life boundaries — and to talk about the importance of mental health.
“People want the same things; Gen Z and millennials are more vocal about it,” Cydney Roach, global chair for employee experience at Edelman, said. “Employees have this unprecedentedly high trust in their employers, but with that trust comes high expectations.”However, that is where future problems could lie.
A new poll of more than 2,500 U.S. workers by recruitment consultants The Robert Walters Group found that 60 per cent said they were suffering workplace stress, and nearly half said concerns about job stability were the biggest trigger. Despite a big increase in corporate spending on wellness initiatives since the start of the pandemic, 62 per cent still told pollsters that their employers were not doing enough to combat stress.
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