Investing in Workplace Mental Health Solutions Can Save You Cash

workplace mental health

Workplace mental health is a big topic these days. Post-pandemic and right in the middle of the Olympics, the evidence is clear.

We all experience mental health issues of one type or another. How we deal with our mental health and personal wellbeing also plays into how we perform at work.

If you’re an employee, the good news is that your bosses are scrambling right now trying to figure out how to provide you with the most affordable and effective solutions to keep you on the top of your game and in their employment

If you’re the employer, yes, we know it’s rough out there right now.

The current mental health crisis

The experts have been telling us that this crisis was on the horizon. The aftereffects of the pandemic are still rippling through our social lives, the economy, the supply chain …. and our mental wellbeing.

All of this adds up to costs.

If you are an employer, pay attention. Your employees’ productivity and your company’s profits may be suffering due to mental health problems.

Why employers should focus on workplace Mental Health breaks down the numbers but the one to really pay attention to is that Mental Health costs US businesses, just like yours, approximately $100 billion annually.

Want to know how depression alone impacts your company? Head over to the Depression Cost Calculator. A few demographics combined with the latest research will tell you just how much cash is slipping through your fingers.

You’re not alone

While the pandemic may have left us all feeling isolated, the truth is that misery loves company. You’re not alone in these struggles.

The worker shortage in the US is complex and impacting every industry.

A combination of realigned values following the pandemic, a demand for better work environments and better benefits, and suddenly the worker has the upper hand. Employees are more focused than ever on the culture and mindset of the places they choose to work.

Your competitors have the same problem, and they are searching for the answers to attract your top talent to their team. The good news is, you are one step ahead of them. You’re here!

You’re about to discover how a small investment in your workplace’s mental health will lead to large increases in productivity and profitability.

Employees are demanding more

This cultural shift towards mental health awareness and personal care is touching every industry, including the Olympics.

Simone Biles stepped away from the Olympic Gymnastics team final choosing her mental health and wellbeing over the pressure of performing for others.

Others will follow her lead.

But is that such a bad thing?

Of course, you want your employees to feel valued and well cared for. You want them to perform at their best. But health care in the United States is simply a beast that most companies, especially small to midsize, struggle to provide.

What does it look like to value the well-being of the employee over the immediate output?

For Simone Biles, it means she’ll vault again, and she’ll do it with a deep love and appreciation for the sport. Her values will line up with her passion and she will go on to continue doing what she loves rather than prematurely burn out or be injured.

Be the example

The number one way to change the dynamic of how mental health in your workplace is viewed, is to lead by example.

Start by:

  • Opening up to others about your experiences and your struggles
  • Create a safe and supportive work culture
  • Take paid mental health days for yourself
  • Reassess the company’s work-life balance policies
  • Look critically at the benefit package to make sure it is matching the need
  • Advocate for more resources  

When employees see the boss being authentic and vulnerable, they will feel more open to do the same.

However, talking about mental health in the workplace is only one piece of a much larger problem. We can provide tips and methods to improve wellbeing in the workplace all day, but until access and affordability of mental health services are addressed, you won’t be able to plug up the leaking cash flow.

Access to mental health care

Mental health care is often more costly than physical health care, and more difficult to access.

CNBC published a report on America’s mental health care cost and accessibility. Here are some of the highlights you need to know:

  • 112 million Americans live in mental health provider deserts
  • Shortage of mental health professionals expected to continue in the US through 2025
  • Only 56% of psychiatrist accept commercial insurance
  • Less than 10% of patients with a mental health disorder obtain effective treatment

So what can you do to improve access and affordability?

We’re glad you asked.

Be proactive

The best solution to any crisis is to be proactive. It’s the systems you have in place long before the problem surfaces that help you navigate the storm.

We all know that to keep our bodies healthy we have to pay attention to what we consume and how much exercise we are getting.

The same is true with mental health.

The food we eat directly affects our mental wellbeing and the health of our brain. Exercise has been shown to release feel-good endorphins while meditation is effective for stress management and emotional control.

There are steps you and your employees can actively take to strengthen workplace mental health. Learning to navigate the ups and downs of life requires both the body and the mind to be active.

To strengthen mental health a balance between biological, psychological, and gut health is necessary.

Sounds complicated, but it isn’t.

A simple workplace mental health solution

Put the power of AI, the coordination of mental health services with primary health care, and the expertise of biology, psychology, and nutrition in the hands of your employees.

The Empwr App is the perfect addition to any benefits package. It works alongside the individual’s personal healthcare provider to provide additional data and solutions.

Your employees will have on-demand access to diet, exercise, sleep, meditation, relationship help, mood management, and more at the touch of their fingers and at no cost to them.

For the employee, the focus is on personalized health and prevention.

But the result for you, the employer, is

  • improved workplace mental health
  • higher productivity
  • medical cost savings

Are you ready to invest in a Workplace Mental Health Solution?

Request a free demo today!

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