MONEY & LIFE

Companies Prioritize Employee Mental Health

By: Kaydee Ambas · April 18, 2023 · Reading Time: 3 minutes

Mutual Benefits

As employees grapple with increased stress from various factors outside of work, more companies are stepping up to provide support. Many employers now allocate extra personal days — not for appointments or errands, but to address stressful events outside the workplace.

This development aims to improve employees’ mental health and ultimately increase job satisfaction and productivity. Recent studies show workers who feel supported by their employers tend to be more engaged and resilient, which also benefits the company.

Workplace Respites

Offering additional personal days is just one of the many ways companies are addressing their employees’ mental health.

Other initiatives include company-wide mental health days and on-site respite spaces. Personal days are nothing new, but employers are discovering that seeing one’s work pile up on days off can discourage workers from taking the time they really need to recharge. Company-wide mental health days can resolve this common hurdle.

Corporate executives are increasingly recognizing the importance of directly addressing mental health in order to retain and attract top talent in a competitive labor market. By taking a comprehensive approach to mental health support, companies can foster a more inclusive and understanding work environment that promotes wellbeing and productivity for all employees.

Mental Health Matters

For many, mental health benefits are no longer considered a luxury, but an essential component of a healthy work-life balance. Implementing these policies can foster trust and loyalty between employees and employers, ultimately benefiting both parties.

This growing trend is a testament to the increasing awareness of the importance of mental wellbeing in the workplace. By implementing these policies, companies not only contribute to a healthier and more balanced work environment, but also position themselves as attractive options for top talent in the labor market.

As the labor market remains tight, providing respite for employees might be the competitive edge companies need to stand out in a crowded hiring field. And for jobseekers, it might be an attractive perk popping up more and more often in your search.

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