With 30 of every 1,000 Canadian employees missing work for mental health reasons each week1, the cost of poor mental health to Canadian businesses is significant. Conference Board of Canada estimates lost productivity costs from anxiety and depression alone amount to $49 billion each year2.
Overall, larger businesses and those with HR departments have resources to plan and scope out solutions, allowing them to be more proactive around mental health needs. For small businesses, including partnerships and sole proprietors, limited resources can be a constraint.
To help start 2020 on the right foot, we have put together some simple steps to kick start your mental health strategy.
1. Realizing the positive ROI of supporting employees’ mental health
https://www2.deloitte.com/ca/en/pages/about-deloitte/articles/mental-health-roi.html
2. Canadian Accountant http://www.canadian-accountant.com/content/business/recovering-the-costs-of-workplace-mental-health, 2019
With 30 of every 1,000 Canadian employees missing work for mental health reasons each week1, the cost of poor mental health to Canadian businesses is significant. Conference Board of Canada estimates lost productivity costs from anxiety and depression alone amount to $49 billion each year2.
Overall, larger businesses and those with HR departments have resources to plan and scope out solutions, allowing them to be more proactive around mental health needs. For small businesses, including partnerships and sole proprietors, limited resources can be a constraint.
To help start 2020 on the right foot, we have put together some simple steps to kick start your mental health strategy.
1. Realizing the positive ROI of supporting employees’ mental health
https://www2.deloitte.com/ca/en/pages/about-deloitte/articles/mental-health-roi.html
2. Canadian Accountant http://www.canadian-accountant.com/content/business/recovering-the-costs-of-workplace-mental-health, 2019
3. Mind report, ‘Mental health at work’, 2020
"It's ok not to be ok"
3. Mind report, ‘Mental health at work’, 2020
"It's ok not to be ok"
"Lost productivity costs from anxiety and depression alone amount to $49 billion each year"
"Lost productivity costs from anxiety and depression alone amount to $49 billion each year"
Not all stress is bad, but it is important to teach employees resilience, so that they can recognise the difference between positive and negative stress. Resilience and well-being training not only provide employees with the tools to manage stress better but also serves as a way to maintain awareness. Training can be expensive, so some employers adopt the approach of electing champions and “training the trainers” to deliver training to the workforce.
Click the link below to find out more about the award-winning range of rehabilitation services that QBE offers, from support with mental health and absence management to managing very serious injuries and post-claim rehabilitation.
Not all stress is bad, but it is important to teach employees resilience, so that they can recognise the difference between positive and negative stress. Resilience and well-being training not only provide employees with the tools to manage stress better but also serves as a way to maintain awareness. Training can be expensive, so some employers adopt the approach of electing champions and “training the trainers” to deliver training to the workforce.
Click the link below to find out more about the award-winning range of rehabilitation services that QBE offers, from support with mental health and absence management to managing very serious injuries and post-claim rehabilitation.
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