The Fed just raised the borrowing rate to 2-2.25% this last October on the basis of the record low unemployment rates that our country is currently enjoying. Now more than ever, it is important for employers to evaluate the needs of their workforces. Attracting new talent requires shaping positions and responsibilities in a way that helps employees maintain a work life balance. The workforce of tomorrow knows more about mental health than any previous workforce and is demanding positions that allow for healthy mental habits.
Employers are finding that by promoting mental health in the workplace they are attracting new demographics of talent and increasing worker productivity. Mental health and productivity initiatives have been found to increase revenue per employee by 11%, lowers medical trends, and lead to fewer absences per employee. The World Health Organization estimates that depression and anxiety have a global economic impact of roughly $ 1 trillion dollars per year in lost productivity.
The work that we do can have a significant impact on ones physical and mental health. Generally speaking, work is good for mental health and unemployment is pretty well-recognized to be a risk factor for mental health problems. But of course, not all jobs are created equal. Poor working environment can wreak havoc on one’s emotional and mental state. 4 out of 5 employees think their employees should encourage healthier lifestyles within their organizations. Largely, companies can take proactive measures to promote the mental health of their workforce which will ultimately benefit the bottom line.
Progressive Mental Health Practices
Changing a company’s human relations policies to accommodate for mental health related issues does not have to be costly but can require a shift in a company’s culture. A guide from the World Economic Forum was recently published and suggests that changes to a company’s culture surrounding mental health is best done taking a 3-pronged approach. Such an approach includes: “Protect mental health by reducing work–related risk factors; address mental health problems regardless of cause; and promote mental health by developing the positive aspects of work and the strengths of employees.”
One company that is staying highly attuned to the mental health culture of their workforce is Neurocore. This may come a bit easier to the Michigan-based company as they specialize in treating mental health conditions with neurotherapy. And while they use 21st century science and technology to understand the underlying cause of their patient’s symptoms they have a history of insuring their employees are also in healthy mental states which includes free access to Neurocore’s neurofeedback treatment.
It may be easier for Neurocore to make their employee’s mental health a priority as they specialize in comprehensive mental health diagnostic assessments and brain training programs that help people take control of the symptoms that are affecting them. But employee’s and people making employee policy decisions can become champions of mental health within their workplaces. For more information about how to implementation strategies to promote good mental health in the workplace check out the WHO’s Global Plan of Action on Worker’s Health (2008-2017) and Mental Health Action Plan (2013-2020). For more information about the transformations Neurocore is ushering in to the Mental Health community, check out www.neurocorecenters.com.