The Need for Increased Focus on Employee Wellbeing
Supporting the mental wellbeing of employees in the workplace is, rightly, an increasing priority for organizations worldwide. It is significant to step back and recognize how a broader workplace culture can help to achieve good mental health for workers. In the early 2000s, the focus of organizations on employee wellbeing was lesser. Over the years, firms have realized the need for the employee wellbeing and mental health, and they have begun to implement programs that have grown so much more from health insurance. In the annual National Workplace Wellbeing Day, the growth of workforce wellbeing is evident. This proposal, which celebrated its fourth year in April 2018, makes Ireland the first country in Europe to set up a day dedicated solely to the wellbeing of the workforce.
A recent survey of ICSA governance professionals: Governance Institute and recruitment specialist-the Core Partnership observed that board action on employee wellbeing and mental health is insufficient. With 61 percent of workers who have suffered mental health problems due to work or where work has been a related factor, according to the Mental Health Report 2018 of Prince’s Responsible Business Network, this area clearly requires more attention from the UK boards.
The fact that CEOs and directors are more focused than managers to believe that their organization supports its employees is a concern. Good mental health of employees is critical to successful, sustainable organizations. One in three employees in the UK has been formally diagnosed with a mental health condition at some point in their lives and six percent of workers with a formally diagnosed condition such as general anxiety, depression, eating disorders, and panic attacks for more than ten years.
This is a critical issue for any organization, and the encouragement of mental wellbeing must be considered as a long-term and integral part of the overall wellbeing of workers. Instead of reactively dealing with individual mental health issues, a much more holistic approach is needed. Fostering a culture of wellbeing at work is not only beneficial for employees when they are at work. It will provide employees with incentives, tools, strategies, and support for healthy behavior in and out of the office.