In light of the recent laws around ‘The right to disconnect’ we discuss mental health and wellness at work. In today’s fast-paced business environment, attracting and retaining top talent is more crucial than ever; yet many companies overlook a critical factor in achieving this goal: prioritising and creating real tangible policies to ensure good mental health and well-being of their employees.
The Cost of Neglect
According to the Australian Human Rights Commission, over one in five adults will experience a mental illness in any given year. Presenteeism, where employees are physically present but mentally checked out, is estimated to cost billions annually.
The Benefits of Well-being
The good news is, investing in mental health has long lasting benefits:
- Increased Productivity and Engagement: When mental well-being is prioritised, employees are better equipped to focus, be creative, and deliver their best work.
- Improved Retention and Talent Acquisition: Employees are more likely to stay with a company that invests in their well-being, reducing costly turnover and recruitment processes.
- Enhanced Company Culture and Employer Brand: Demonstrating your commitment to your employees as people, not just workers, gives you a competitive brand edge and will put you in front of your competitors.
- Reduced Sick Leave & Health Costs: Promoting healthy habits and early intervention can lower healthcare costs and sick leave entitlements for your team.
Building a Culture of Well-being: Actionable Steps for Leaders
Here are some actionable steps leaders and employers can take to foster a workplace of well-being for their team:
- Shifting the Conversation: Encourage regular conversations about mental health, and look to appoint a mental health champion that other employees seem to confide in. This normalises the topic and creates a safe space for open discussion and seeking help.
- Creating a Supportive Environment: Promote work-life balance with flexible work arrangements and breaks, fostering a culture of respect through anti-discrimination and anti-bullying policies. This ensures a healthy and inclusive environment where employees can thrive.
- Investing in Resources: Provide training on stress management and mental health awareness to empower your team. Go beyond training by offering access to external counselling & wellness resources. Consider meditation apps or sponsored fitness programs. This approach demonstrates your investment in a healthy and thriving workforce.
The Bottom Line: A Win-Win Proposition
Investing in mental health fosters positive outcomes: greater productivity, reduced absenteeism, and a more engaged and loyal workforce. This translates directly to a thriving business culture and a competitive edge. Don’t forget to outline these initiatives when interviewing and hiring new team members, it’s important.
Ready to build a thriving workplace culture?
At Recruitment Central, we offer more than recruitment – we partner with companies to create strong, healthy teams and foster employee well-being. Contact us today to discuss your specific needs and unlock the full potential of your workforce.
