Tue 08 May 2018
Matt Liggins, director of wellbeing at Liverpool-based charity Health@Work, explains why looking after the mental health of employees is not only the right thing to do but will also boost your business.
For businesses, supporting their staff with physical or mental health issues or other sensitive topics it can seem like a daunting task. However, an individual’s personal life can have a massive impact on their professional life and productivity.
In some cases it is the workplace that is the cause of mental health issues, particularly when it comes to stress.
Counting the cost
Mental health is the most common reason for people to take time off work, costing the UK economy up to £100bn a year, so it’s important for businesses to understand that looking after their people can bring business benefits such as reduced sickness rates, reduced staff turnover and improved productivity.
Despite being such an issue for businesses, our recent research found that a significant amount (33%) of employers currently do not currently have anything in place to support the wellbeing of their staff.
According to a recent report by Deloitte, the UK is leading the way when it comes to supporting staff in the workplace, but we still have a long way to go. While many businesses have initiatives in place, they are often very limited.
Our research revealed that over half (57%) of employers do not meet the basic standards when it comes to supporting their staff with mental health problems.
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