31 Jul ‘It’s a fool’s choice’ when employers ignore investments in mental health benefits

‘It’s a fool’s choice’ when employers ignore investments in mental health benefits

As the coronavirus pandemic continues to effect the lives of both employers and employees, employers are now engaged in finding opportunities to lead changes in the way that mental health is viewed in the workplace. Read this blog post to learn more.

As more states reopen and the return to work process gets underway, employers are grappling with how to address the rising mental health issues that have resulted from the COVID-19 pandemic.

The Society for Human Resource Management Foundation, One Mind at Work, and Psych Hub have partnered together to launch Mental Health and Wellness in the Workplace, an initiative to engage HR professionals in education and training opportunities to lead changes in the way mental health and wellness are viewed in the workplace.

 “Our focus is on helping HR professionals and managers lead positive social change in the workforce,” says Wendi Safstrom, executive director of the SHRM Foundation. “We think it’s critical to help employers and employees manage significant mental health tools related to COVID-19, and even beyond as companies begin to reopen.”

Mental health has been a growing concern among workers as the pandemic has worn on. About 41% of employees feel burnt out, drained, or exhausted from their work, according to data from SHRM. Additionally, nearly one in four employees report frequently feeling down, depressed, or hopeless — yet more than one in three employees reported having done nothing to cope with these feelings.

The SHRM Foundation, One Mind and Psych Hub initiative provides employers and HR professionals with a workplace wellness resource center, as well as training resources to help them address and improve mental health issues among employees.

The training covers topics like promoting workplace wellness, managing mental health during a crisis, and becoming an “agent of change” for workplace mental health.

Providing wide-spread education on mental health ensures that the diverse needs of employees have the opportunity to be met.

“What we’re saying to everyone is that you cannot be autocratic here — this is about empathy,” says Garen Staglin, chairman of OneMind and co-founder of OneMind at Work. “You can’t mandate that people are going to feel okay just because you tell them it’s okay.”

Each member of the alliance brings a particular expertise in their respective practice areas. The SHRM Foundation focuses on workplace social change, One Mind at Work focuses on best practices and tools for brain health in the workplace, and Psych Hub focuses on multimedia learning solutions to mental health and addiction.

The materials are available to all companies and HR professionals via the Psychhub website. Employers, HR, and staff will have access to articles and other content on a variety of mental health subjects.

Investing in this program will not only help employees as they’re struggling now, but ensure investment into their future.

“We did a study that said for every dollar you invest in accelerating workplace best practices for mental health, you’ll get a $3 to $5 return in the form of lower absenteeism, improved productivity, better customer service, and lower workers comp claims,” Staglin says. “It’s a fool’s choice to ignore brain health and workplace mental health, because the costs are extremely high.”

SOURCE: Schiavo, A. (23 July 2020) “‘It’s a fool’s choice’ when employers ignore investments in mental health benefits” (Web Blog Post). Retrieved from employeebenefitadviser.com/news/its-a-fools-choice-when-employers-ignore-invest-in-mental-health-benefits