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Why invest in your staff mental health and well being as a company CEO?
Mental health conditions come at a huge cost, not only to individuals and those closest to them, but also to businesses that fail to address the existence of mental health problems in the workplace.
A recent report on mental health in the workplace by PricewaterhouseCoopers (PwC)looked at the financial cost incurred when employers do not take action to manage mental health conditions in their business. It estimates the cost to Australian business is approximately $10.9 billion per year. Research conducted for NFP beyondblue has found more than six million working days are lost per year as a result of depression. These financial costs – and the well being of all employees – can be addressed through effective mental health initiatives in the workplace.
You can read more about these statistics here
Free 'Cost of staff mental health to your business' Tool! If you would like to calcuate the savings your company can make by investing in your staff’s mental health there is a tool available here. Why not spend time and money investing in your employees mental well being? Not only do you enjoy the financial benefits but add in the intangible benefits, such as becoming an employer of choice and improving team morale, and the case for mentally healthy workplaces is clear.
According to Leon Gettler: ‘A mentally healthy workplace is good for business. Research shows it leads to less absenteeism, more-engaged workers, better productivity and morale. It reduces the chances of a company being hit with workplace disability claims and fines for breaches of health and safety laws.’
Read more here
How can Corporate Drumming help and benefit your team?
In our corporate group drumming sessions, participants feel safe, supported, included, a sense of belonging. They are given the opportunity to lift out of their negative thought-patterns and self-defeating behaviours. Clinical research is now providing evidence of the health, well being and self-awareness benefits of drumming. Read more about the health benefits of drumming here.
You want your team to connect, be inspired, be revitalised? Then contact us to See how InRyhthm’s engaging and dynamic drumming workshops can empower teams and inspire active listening. De-stress and feel calm, nurture self-esteem and increase happiness and well being. Contact us
SOURCES: Leon Gettler (freelance journalist for PreBono news Australia: research conducted on behalf of Beyond Blue on the implications of ignoring staff mental health and well being.
Price Waterhouse Coopers: Creating a mentally healthy workplace Return on investment analysis