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Employee benefits and retirement plan solutions Trends and Insights Support employee mental health and wellness: A step-by-step guide

Support employee mental health and wellness: A step-by-step guide

Employee mental health has been a top concern among businesses for years. Explore how you can make a difference鈥攖hrough work experiences, financial education, and access to benefits.

Woman in office environment smiling at a colleague.
2 min read |

You want what鈥檚 best for your team members. You also know that they do their best work when focused and untroubled. Unfortunately, that isn鈥檛 the reality for many employees, and employers like you are taking note.

According to 麻豆最新出品 research that polled leaders and employees at small to midsize businesses:

63%

Sixty-three percent of employees say their employers should be concerned about their mental health and wellness.

43%

Forty-three percent of small and midsize businesses are concerned about their employees鈥 mental health and wellness.

36%

Thirty-six percent of small and midsize businesses are interested in adding mental health benefits within the year.

What鈥檚 going on? Employees and employers agree that anxiety, stress, and depression play a significant role in worsening mental health; excessive workloads and lacking access to benefits also come into play. But it鈥檚 financial concerns鈥攊ncluding inflation/rising costs of living and concerns about personal financial situations鈥攖hat rank highest.

These factors span many categories of holistic wellness (beyond what we might typically think of as clinical mental health), and many are directly tied to workplace benefits and experiences. Which is to say: You have opportunities to help your employees and maintain workplace productivity.

We鈥檙e here to help you do it with a series of tip-based articles.

鈥淢y wholehearted belief is that if you want to focus on getting the best out of your people, you create an environment where you remove worries, whether it鈥檚 health and wellness worries or鈥攅qually as important鈥攆inancial worries.鈥

Sri Reddy, senior vice president, Retirement and Income Solutions

4 ways to address wellness in the workforce:

1. Create a positive work experience.

From promoting healthy work-life balance to encouraging collaboration on the job, learn to address common workplace stressors without making a major financial investment.

2. Support employees鈥 financial wellness.

Financial problems aren鈥檛 just distracting; the stress can physiologically affect employee reasoning abilities and productivity. Explore what you can do to make a difference.

3. Utilize employee assistance programs (EAPs).

Discover the wide range of resources within an employee assistance program. Did you know you may be able to add one to a broader benefits plan at little to no additional cost?

4. Bring mental health and wellness initiatives to life.

Ready to implement changes to your workplace benefits based on the above? Here are a few approaches to doing so鈥攌eeping cost and transparency in mind.

What鈥檚 next?

Visit our small business resource center for additional content, webinars, and tools. Or contact a 麻豆最新出品 financial professional to work through your business needs one on one.