Counting the cost of ignoring mental health at work
In the past few years, there has been a significant rise in the awareness of mental health and its impact in the workplace.
A number of high-profile campaigns have been launched encouraging employees to talk more about their mental health and reducing the stigma of doing so. Yet research published in May 2019 shows that only one-third of workers felt confident talking about common mental health issues such as stress and depression.
When combined with the news from the ‘Time to Change’ campaign that people would rather talk to colleagues about relationship issues, money problems and even sex, than discuss mental health, it seems that there still could be a stigma attached to talking about mental health at work.
In this article for Finance Monthly, Pam Loch and Bruce Jenner look at why employers need to be more proactive in addressing mental health issues in the workplace and discuss some simple steps that financial institutions and financial services firms can take to show their commitment to employee wellbeing.