The Business Case For Nurturing Mental Health Awareness In And Outside Of The Workplace

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The month of May is a time for renewal and nurturing new growth. Nowhere is this more evident than in the fields and fields of Nebraska, as another growing season begins. May is also Mental Health Awareness Month, which you might be surprised to know has been celebrated since 1949. It was founded by National Coalition on Mental Illness To fight stigma, educate the public, and advocate for policies that support people with mental illness and their families. An argument can be made that there has never been a greater need than now to bring awareness to mental health in and out of the workplace.

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data compiled by pew charitable trust indicates that more than 47,000 people die by suicide each year in the United States, making it 12th leading cause of death in the country

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World Health Organization (WHO) The report said that the COVID-19 pandemic caused a 25% increase in mental health disorders worldwide, with the biggest increase among young people and women. According to the WHO, this increase coincided with severe disruptions in mental health services, leading to severe shortages in care for those who needed it most. This included services for mental, neurological and substance abuse conditions. Many countries also reported major disruptions to life-saving services for mental health, such as suicide prevention. While access to mental health care and services has improved by 2021, many people are unable to receive the care and support they need for pre-existing and newly developed mental health conditions.

For decades, businesses have shied away from addressing or even acknowledging mental health. Fortunately, this is changing as education and awareness grows around this important aspect of our overall health and well-being. Below we look at why supporting mental health in our families, workplaces and communities is good for business, and how business owners and their teams can get involved.

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raising the baseline

At Carson Group, we launched our “Raise Baseline” initiative in December 2021 with a panel discussion on mental wellness at our new corporate offices in Omaha. The panel included officials, stakeholders and two doctors who discussed the importance of mental health in our daily lives, new breakthroughs in treatment, and ways to access support and resources.

We have also partnered with American Foundation for Suicide Prevention (AFSP) For an initiative promoting monthly “mind-body-soul” campaigns within the workplace. This includes a “Talk Saves Lives Workshop,” proving the most up-to-date research on suicide prevention, and things we can do to help save lives within our communities. We’ve also participated in local campus “Out of Darkness” events, challenging endurance walks and the AFSP’s flagship fundraising event. We hosted a “More Than Sad” presentation to help parents and caregivers recognize signs and intervene for youth at risk. This month, we’re hosting a mental health awareness townhall. It is an open discussion that covers the spectrum of mental health and provides resources for stakeholders to help themselves and others.

While it is critically important to help raise awareness in the workplace, assisting with other forms of support is also important. One of the ways we do this is by providing stakeholders with wellness dollars that can be used to fund mental health resources such as therapy, counseling, apps, books, and more.

How Wellness Support Pays for Businesses

Business owners are often reluctant to spend money on programs that do not have clear returns. Even though there are no hard-dollar costs involved in the operation of events or events, each hour of downtime where employees are engaged outside of their immediate job duties has an associated cost to the business. However, the real question may be: Can’t you support mental health in the workplace? WHO It is estimated that depression and anxiety alone cost the global economy $1 trillion a year in lost productivity. according to a harris pole76% of American workers struggle with a mental health issue, and about 42% answered “yes” when asked if they have ever been diagnosed with a mental health disorder.

a CEO roundtable Study Commissioned by the American Heart Association showed that work, money and the future of the nation were the three leading causes of stress among survey respondents. As a major contributor to depression and anxiety, stress and mental illness are also considered risk For many serious physical health issues such as heart disease, diabetes and stroke. This can manifest in a number of ways in the workplace, including high rates of absenteeism and employee turnover, which are costly to employers.

In addition to the desire to ensure that team members have access to all the important health resources they may need, it turns out that supporting mental health initiatives in the workplace is actually good for your bottom line. . Recently led by WHO Study It is estimated that for every $1 allocated to the treatment of common mental disorders, there is a return of $4 in improved health and productivity. moreover, American Psychiatric Association (AMA) It is said that 80% of workers who received treatment for mental illness reported increased workplace satisfaction and productivity. According to the AMA, when employees receive effective treatment for mental illnesses, the result is lower total medical costs, increased productivity, fewer absenteeism and reduced disability costs. Bottom Line: Investing in a mentally healthy workforce is good for business.

To learn more about mental health resources for business owners and individuals, visit the sites below:

mental health america

National Coalition on Mental Illness

National Institute of Mental Health

Substance Abuse and Mental Health Services Administration

American Psychiatric Association

American Foundation for Suicide Prevention (AFSP)

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