Your employees are one of your most valuable assets and it is time to make sure they have the resources they need to succeed in their work. Your employee's mental health should be considered as just as important as their physical health. Here are some benefits that you can expect from taking your employee's mental health seriously:
1. Improved productivity
It is no secret that your employees are usually more productive when they are happy. This can lead to higher quality work and it can also help the organization retain its best talent. If a person is not experiencing any symptoms of depression, it is possible for them to be even more productive than a person who does have depression.
2. Employee retention
If a person is not feeling well, then they might be less engaged at work which can lead to organizational problems and sometimes even lost productivity. Research has shown that people who have certain mental health issues such as depression fear losing their jobs so much that these problems can even keep them from getting treatment in some cases
3. Increased employee health care productivity
According to the Centers for Disease Control and Prevention, almost 40% of workers have a mental health condition that is not being treated. The costs to treat these conditions can be very high. Losing productivity due to mental illness can cost an employer thousands of dollars in lost production per year.
4. Decreased insurance and legal costs
Mental illness is common in the workplace and by providing employees with the resources they need, you can substantially reduce their legal and insurance costs and thereby saving money for your company
5. Improved public image
People with mental health issues can make your organization look bad in the public eye. This can lead to a reduced amount of business and potentially unwanted attention, which is not good for your company's image. Most people do not like going to companies where their employees are unhappy and you will likely be viewed as a company that does not treat your employees well by both current and potential customers
6. Decreased rate of burnout
Giving your employees the tools they need to manage their mental health problems will reduce the rate at which people experience burnout which can contribute to employee retention problems
7. Increased employee satisfaction
If a person is mentally healthy then they will be more satisfied with their pay and benefits which will lead to a greater likelihood of staying in your organization for the long term. Employees who experience burnout may find themselves in this situation because of an unsupportive environment at work as well as dealing with other issues such as financial stress and/or job-related stress.
9. Reduced absenteeism
Your employees will likely be happier and more productive if they are staying well which can lead to lower rates of absenteeism. And taking care of employees' mental health is certainly a cheaper alternative than paying for their replacements.
10. Increased employee safety
The fact that your employees are experiencing symptoms of depression can make them unsafe in the workplace. Also, by not getting treated, they can become physically ill and this will make them even less safe in the workplace and it could take away from productivity as well.
It is important to take your employees' mental health seriously. By offering them the right resources, you will be able to reduce your organization's expenses, improve productivity and efficiency and also improve the general happiness of your employees. This is good for both your people and your business.