By: Schatzie Brunner, Founder, New Way Now
Recently, I’ve been reading a lot about workplace mental health. And it is alarming how slow awareness and education have spread between both sides—employers and employees. Especially regarding the resources available to aid and improve well-being. A healthy workforce impacts more than just a company’s bottom line. While the mental health stigma is gradually reducing, a significant societal paradigm shift is on the horizon.
In the business world, management doesn’t seem to be connecting the dots when it comes to mental health and corporate health costs. Annually in the U.S., employers experience $44 billion each year, and depression costs the U.S. economy more than $210 billion annually. This cost is staggering. Consider the cost of overtime or a staffing agency to fill the gaps when an employee is absent from work. Or what about missing the opportunity to close a big deal because a sales representative is too distracted to work efficiently. When unhealthy workforce patterns are overlooked by management or proactive programs aren’t in place by organizations, a negative cycle grows that impacts performance, productivity, retention and more.