Mental health and wellness have unfortunately long been neglected attributes of the corporate world. However, in a business climate that places the utmost emphasis on talent retention and a focus on becoming “destination of choice” workplaces, this concept is changing quickly. As awareness of the importance of mental wellbeing grows (and employee burnout continues to rage), enterprises are beginning to realize that managing employees’ mental health is not just a moral imperative, but it also benefits the greater business in multiple ways.
The World Health Organization has found that one in four people globally will be affected by mental or neurological disorders at some point in their lives; and, the cost of untreated mental health issues to the global economy is estimated to be in the trillions of dollars. Poor mental health, from a workplace perspective, often results in disengagement, increased absenteeism, a lack of productivity, and more frequent turnover.
The movement towards focusing on corporate mental health and wellness seems to be evolving, though. Ardent Partners and Future of Work Exchange research has discovered that 93% of business leaders are actively prioritizing mental health (and mental health awareness) as part of their 2023 leadership styles, a far cry from years past when this critical issue was near nowhere to be found.
Recognizing the challenges of poor mental health in the workplace, an increasing number of companies are taking steps to address these issues, such as offering mental health resources, such as counseling services and support groups. Other organizations are also promoting wellness initiatives (such as meditation classes on-site yoga, etc.) to help employees manage their stress and anxiety and transform the workplace into a more comfortable place to work.
Workplace culture has become a top conduit for revamping mental health initiatives, as it has become crucial to create a culture that promotes inclusivity and openness. By fostering a workplace environment in which workers feel comfortable discussing their mental health and, consequently, seeking support when they need it, businesses can ensure that their most critical asset (their talent) views the organization and its workplace as place that cares about them as people.
Business leaders can extend this progressive idea of workplace culture by developing and communicating policies that back employees who may be dealing with mental health issues; simply offering paid time off for treatment or providing flexible work arrangements can prove to be a major difference in truly supporting the workforce.
What this all boils down to, of course, is the role of leadership in reimagining workplace culture into an environment that promotes positive mental health. Senior leadership must be committed to these ideals of wellness and model the behaviors that map to supportive policies. The Future of Work has long been founded on the depth of talent, and, if businesses desire to thrive in 2023 and beyond, they must address corporate mental health, view these initiatives as both ways to humanize the workplace and retain talent, and, most importantly, creating a more resilient, productive, and healthy workforce.
