It’s time to move employee mental health and wellbeing up the agenda for 2024

The facts are clear. According to Headspace’s Fifth Annual Workforce Attitudes Towards Mental Health Report, 95% of CEOs agree that their employees perform better at work when their mental health is strong and there is good recognition of the importance of mental health in the workplace. 

The Wellbeing Movement backs that up with research demonstrating that a 1% increase in employee happiness leads to a 12% increase in productivity and that workplaces with better wellbeing are 14% more likely to attract prospective talent. Additionally, poor mental health is estimated to have cost UK employers up to £56bn in 2020-2021 with burned-out employees six times more likely to want to leave their current jobs.  

Sadly, despite the impact of poor wellbeing and the commercial case to invest in improving it being clear, we still have a long way to go. Headspace’s Workforce Attitude Report found instability, productivity pressure, and rising expectations for all are driving a sense of dread in the workplace, with 87% of employees experiencing it at least once a month and 49% experiencing it at least once a week. 

According to Deloitte, 60% of employees, 64% of managers and 75% of C-suite are seriously considering quitting for a job that would better support their wellbeing. They found that a significant percentage of employees say their job negatively affects their physical (33%), mental (40%), and social (21%) wellbeing. Only around one out of three employees feel their job has a positive impact on their physical (33%), mental (32%), and social (31%) wellbeing. 

Driving a healthy culture that supports employee mental health and wellbeing

This World Mental Health Day we’re calling on leaders to plan for a better 2024. The great news is there are some clear areas to focus on and it’s not all expensive on-site yoga suites. 

Here are some of the best ways to drive a healthy culture: 

Make genuine strides in diversity, equity, inclusion and belonging

There is mounting evidence on the intersectionality of wellbeing with DEIB with 54% of employees stating that their employer’s DEIB policy has a positive impact on their mental health. 

Invest in culture

Working on driving culture can feel overwhelming, but working with someone like Great Place to Work can really help. The user-friendly platform provides you with an off-the-shelf proven and trusted employee opinion survey, benchmarking your results against other companies of a similar size. Expert analysts also review your results with you, pointing you in the direction of opportunities for the greatest improvement.

Question flexibility

Of course, the great debate on the level of working from home versus back to the office continues, but evidence shows that what employees really want is true flexibility including when they work as well as where. Feeling empowered and in control is shown to have huge health benefits. Consider opening new trials in 2024 to demonstrate that the organisation is open to more collaboration and look for a win: win for both employee wellbeing and organisational effectiveness. 

Empower employee voice

Outside of employee opinion surveys, employees want and need more opportunities to be heard. This could be through ERGs (employee resource groups), whistleblowing channels, or the introduction of a new culture of empowering and encouraging employees to call out poor behaviour. 

Ramp up purpose and volunteering

A recent study from the National Council for Voluntary Organisations found that 75% of volunteers reported that volunteering improves their mental health and overall wellbeing. Encourage employees to engage in purpose-driven initiatives and volunteering activities to foster a sense of fulfilment and connection. 

Provide mentoring support

Mentorship can positively impact mental wellbeing by fostering a sense of belonging. Establish mentoring programs to provide employees with guidance, support, and opportunities for personal and professional growth. 

Support managers and HR departments

Managers and HR departments play a pivotal role in supporting employee mental health and wellbeing. Provide them with training and resources to identify signs of stress and burn-out. 

Keeping employee health and wellbeing high on the agenda

As we approach 2024, the path to fostering a mentally healthy and flourishing workforce has never been clearer. If you are committed to prioritising your employees’ wellbeing then we share a common mission: to create workplaces that are fairer, healthier, and happier. 

Get our Employee Wellbeing Calendar, loaded with crucial awareness dates here.

From strategic employee engagement programmes to cultivating psychologically safe workplace cultures where positive mental health and wellbeing can flourish, we are here to provide the support you need.