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 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. Also, if your employee knows that you are concerned about your employee's mental health and wellbeing, they might be more likely to talk to you if they are struggling with depression or anxiety. This can lead to a greater chance of getting help sooner. Moreover, when your employees do not feel like they need to hide their struggles with mental health, they might be more willing to tell you if they are struggling so that you can help.
2. Increased engagement and loyalty
Employees who are not experiencing symptoms of depression or anxiety tend to be more engaged and loyal than those who do. These employees work harder, stay longer and they will have greater trust in the abilities of the organization overall. Not having depression or anxiety can also make it easier for your employees to accept feedback from their supervisors because they won't be reluctant due to a fear of how it might make them look. This can help them grow as employees and move up in the organization over time.
3. Reduced employee turnover
When the first level of support is offered to your employees, you will often see a spike in retention and a decline in turnover. When your employees are allowed to feel comfortable enough to identify their struggles with mental health, they can feel more capable of handling problems as they arise. People who do not need help with depression or anxiety often feel able to speak out about their concerns sooner when they are not worried about how these challenges may play out in the workplace.
4. Improved public image
By offering support to your employees and encouraging them to speak out about their challenges, you can improve your image in the eyes of the public. This can be especially useful if you have a high turnover rate or if other companies in your industry are known for having poor employee conditions. This can influence the way in which potential employees view your organization. If you are open about supporting employees, it can help your organization to gain a positive public image especially if you have been conducting or focusing on employee mental health awareness training for employees while supporting your staff.
5. Reduced overtime costs
When a person has depression or anxiety, it is common for them to experience difficulty sleeping and experience high levels of stress during the day. This can lead to a state of exhaustion. If your employees cannot keep up with their work during the typical work day, it is likely that they will have to work overtime in order to get the job done. You would much rather have your employees be able to do a full day's worth of work during regular hours than having them do an extra shift on the weekend or taking time off from their personal lives.
6. Improved employee collaboration
People with depression and anxiety are more likely to feel as though they need to protect themselves from conflict. This can make it difficult for them to communicate with others in an effective way because they might hold back criticisms, even when it is constructive. But, if your employees feel that they can discuss their concerns without being judged or criticized, they are more likely to speak up. It can also make it easier for them to work with others to solve problems and collaborate on getting the work done.
Also Read: Mental Health Issues In The Workplace
7. Lower insurance premiums
If you have a lot of employees who are struggling with mental health, it is likely that insurance premiums will be increased for everyone in your organization. The cost of paying for a group health insurance plan for an employee can be significant to the organization and can include costs such as doctors' visits, therapy sessions and medications. By offering support to your employees, you could see the cost of hiring a new employee go down. Also, by providing your current employees with the resources they need, you are less likely to lose them if they decide to leave the organization because their struggles with mental health could contribute to poor performance or turnover.
8. Improved employee health
When you offer your employees support and resources, they are more likely to get the help that they need. If a person is experiencing symptoms of depression, it is important for them to seek out help and treatment. This can reduce the risk of long term effects such as anxiety and social anxiety. But, it can be difficult for someone who has these symptoms to seek out treatment on their own because they may fear the impact this could have on their career or personal life. By offering your employees an outlet by which they can identify these struggles and receive help, you are helping them to improve their overall health.
9. Improved employee engagement
Depression can make it difficult for someone to want to go into work each day. This can reduce your employee's overall engagement with their jobs. They might get more focused on their struggles than on the work they are doing and this can reduce their overall productivity, regardless of whether or not they are experiencing symptoms of depression. If you support your employees and encourage them to get the help that they need, you will find that you have a greater level of employee engagement.
10. Increased transparency
Your company's stated goals are an important part of the way that other people view you. If your objective is to be transparent and fair to your employees, this can help to convince the public that you are reliable in your operations and that you will ensure that they remain healthy while they are working for you. If you still have a lot of employees who are struggling with depression or anxiety, it can be difficult for potential new hires to believe that they will not have these problems once they join your company. This can make it tough for other companies to recruit top talent because there is some uncertainty about whether or not the individuals who will work there will have mental health challenges.
11. Increased employee satisfaction
Managing employees with mental health issues well will make your employees more accepting of the way in which their workplace is run and be more satisfied with the benefits of their job. They are more likely to accept the way things are because they do not want to rock the boat. If you make it clear that it is okay to speak up, this can help employees to be more satisfied with their jobs. Supporting your employees and encouraging them to seek out help when they need it is an important part of keeping them engaged and feeling like their needs are met.
Employee mental health conditions can have an impact on any organization, even those that are small in size. But, it is important to remember that there is nothing different about mental health issues than other medical conditions. If you have a physical illness, you would seek out help and treatment. The same thing goes for the challenges associated with mental health issues. It is important to take a proactive approach to supporting your employees who may be struggling with depression or anxiety in order to reduce potential challenges and prevent bigger problems from developing down the road.