October is Mental Health Month and World Mental Health Day is on October 10, a day for global mental health education, awareness and advocacy.
This a great opportunity for businesses to get proactive in dealing with a major challenge for Australian society and every business – the impact of mental illness.
A recent Pricewaterhouse Coopers report identified that ignoring it costs Australian businesses around $10.9 billion a year in lost productivity. And with poor mental health likely to affect one in five employees, by taking action the benefits can be profound.
PwC discovered that on average, across all businesses, for every one dollar invested in mental health initiatives, there’s a return of $2.30 and reports showed that in many industries the returns were even greater.
Source: Heads Up
So what that says is that working on improving people’s mental wellbeing at work will generate great returns for business owners. That means that looking after your people is not just the right thing to do but also the smart thing to do.
So what are you going to do to get started on the mental health improvement journey?
There are lots of resources at Heads Up, the website of the Mentally Healthy Workplace Alliance.
Mental Health Australia which is leading the campaign for World Mental Health Day also has useful information and materials to promote mental health in the workplace – see https://1010.org.au/.
This is an area where Ridgeline HR is committed to making a difference through our Better Workplace Projects, a key component of which is creating mentally healthy work environments.
This post is one way that we can help to raise awareness of the issue and encourage employers to be proactive and tackle mental health in your workplaces.