Promoting Employee Health
While not uncommon before the COVID-19 pandemic, mental health issues have increased due to isolation, economic issues, and social upheaval, according to organizations like the National Institute of Mental Health.
This is bad news for employers. When employees bring these problems to the workplace, lost workdays can mean lost productivity. The National Safety Council’s cost calculator estimates that a manufacturing company in New Jersey with 250 employees could lose $284,504 annually because of missed workdays due to mental distress and illness.
Employers have options. For every $1 invested in the treatment and support of mental health disorders, an employer can see a return of $4 in improved health and productivity, according to estimates by The World Health Organization.
To promote employee mental health, employers can:
- Educate employees on the value of good mental health
- Offer employees telehealth access to providers through a laptop or cell phone.
- Train managers to support employees in understanding mental well-being
- Provide access to an employee assistance program (EAP) for referrals to mental health professionals.
To calculate what the costs of lost productivity to your workplace from mental health issues might be, visit www.nsc.org/mentalhealthatwork.
Copyright © 2020 Smarts Publishing
About the Author
Share This Story
Related Blogs
DOL Withdraws 2021 Tipped-Wage Rule
The U.S. Department of Labor (DOL) recently withdrew a 2021 tipped-wage rule vacated by a federal appeals court in August 2024, officially reinstating the pre-2021 regulation for tipped employees under the Fair Labor Standards Act (FLSA).
The Smart Employer’s Guide to Combating Rising Healthcare Costs in 2025
While no one knows what 2025 will bring from an economic point of view and there are several factors that are beyond the control of organizations, they can implement various strategies to man- age a major expense, namely healthcare.
Wages Set to Reflect 2024 Levels as Labor Market Pressures Ease
Compensation budgets are holding steady for 2025, even as concerns over talent attraction and retention ease. Employers plan to allocate similar salary increases as in 2024, according to expert projections.