Esther Schwald, Co-Founder and Director
Hi again, welcome to our short video bytes on hot topics of mental health and wellbeing in the workplace.
A question we often get asked by executives and business owners is “does it actually make good business sense to invest in employee mental health?”
The answer is a resounding YES from an economical, legal, moral and risk management perspective and here are the 9 reasons why.
Firstly, recent analysis suggests an ROI of up to $15 for every $1 spent mental health initiatives.
Secondly as an employer, you meet your legal and moral obligations for providing a psychologically healthy workplace
Thirdly, it helps you create happier employees
Mental health initiatives can also help to increase productivity and engagement, reduce absenteeism, staff turn over and worker’s compensation claims.
This can in turn help lower the insurance costs for your organisation.
It can also assist you reduce your incident costs and will help your organisation attract and maintain talent, becoming an employer of choice
And finally, mental health initiatives have been shown over and over again to improve your bottom line results
To learn more about investing in your employee’s mental health visit our website at thementalhealthproject.com.au and read our article – “The business case for investing in mental health and wellbeing”
If you or someone you know needs help contact your organisation´s Employee Assistance Program (EAP), your GP or call:
LifeLine on 13 11 14
Kids Helpline on 1800 551 800
MensLine Australia on 1300 789 978
Suicide Call Back Service on 1300 659 467
Disclaimer: The information in this video is for general information only. It is not intended to be and should not be relied on as a substitute for specific medical or health advice. While every effort is taken to ensure the information is accurate, The Mental Health Project makes no representations and gives no warranties that this information is correct, current, complete, reliable or suitable for any purpose. We disclaim all responsibility and liability for any direct or indirect loss, damage, cost or expense whatsoever in the use of or reliance upon this information.
© The Mental Health Project Pty Ltd 2017. This video remains the property of The Mental Health Project Pty Ltd and is protected by copyright.