As we learn more about mental health, it’s become clear how big of an impact it can have on employee performance. In fact, disorders such as depression and anxiety have a significant economic impact: the estimated cost to the global economy is 1 trillion USD per year in lost productivity.
As is the case with physical fitness, it’s beneficial for your business to promote and empower your employees’ mental health. Along with workplace satisfaction and happiness, prioritizing your team’s wellbeing can improve thinking, decision making, and workplace relationships.
How any one business tackles their team’s mental health is up for some debate. There isn’t one right answer. There are, however, several moves any organization can make to support its employees. One of the best opportunities to promote positive mental health is through your perks program.
Understanding the impact mental health has on happiness and employee productivity, more businesses are beginning to allocate budget towards this type of perk category.