In our latest blog series, we take a closer look and examine 6 main issues that employers are still combating, even after a year of a global pandemic. We surveyed over 125 employers of all sizes about how they hope to meet with challenges posed by the pandemic. In the second blog of our six-part series we will be discussing mental wellbeing. Check out the full series .
The pandemic has not only taken a toll on physical health but has also caused serious mental health concerns for workers. As we emerge from this pandemic, it’s important to remember that there’s a direct correlation between employee well-being and productivity. Happy employees make for a motivated workforce and subsequently create a highly productive work environment.
Though investing in employees’ wellbeing has proven to have positive impact on company productivity, our survey findings showed that many companies have not made mental healthcare a high priority. In our recent survey, we discovered that almost 70% of employers have not changed their pre-pandemic approach to mental health in the workplace and most have no intentions of increasing their budgets for mental health care or services in 2021. Only a small number of survey respondents have adopted third-party platforms for their workforce to seek mental health support.
Additionally, about 25% of respondents said they rely on their broker for advice on how to effectively provide mental health care to their employees, giving them the opportunity to learn about new or expanded options that can be added to a benefits program cost-effectively and deliver ROI in productivity now and post-pandemic.
ABD is here to help. Click HERE to download the full COVID-19 Report.
Contact us today to find out how we can help you re-evaluate your benefits plan to better support your employees.
About the author
As Newfront's Integrated Marketing Coordinator for Employee Benefits, Hannah supports the marketing team through developing and distributing best in class marketing and communication resources for Newfront and our clients.
The information provided is of a general nature and an educational resource. It is not intended to provide advice or address the situation of any particular individual or entity. Any recipient shall be responsible for the use to which it puts this document. Newfront shall have no liability for the information provided. While care has been taken to produce this document, Newfront does not warrant, represent or guarantee the completeness, accuracy, adequacy, or fitness with respect to the information contained in this document. The information provided does not reflect new circumstances, or additional regulatory and legal changes. The issues addressed may have legal, financial, and health implications, and we recommend you speak to your legal, financial, and health advisors before acting on any of the information provided.
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