Why good mental health is good business

Why good mental health is good business

“Good mental health in the workplace is fundamental to business success” – a statement highlighted at the inaugural Mad World Summit held this year to coincide with World Mental Health Day 2018. The event provided stimulating, open discussion around mental and physical wellbeing in the workplace, but how well are employers faring when it comes to driving initiatives to promote the issue?

Soma Analytics recently released the Mental Health and Wellbeing: FTSE 100 Report 2017, based on an analysis of all the annual reports published by FTSE 100 companies in the last year, which shows an increase from the previous year in mental health and wellbeing reporting of FTSE 100 companies. Furthermore, they noted a positive correlation between mentions of mental wellbeing and a company’s earnings.

However, more needs to be done. One of the speakers at the summit, Geoff McDonald, Global Advocate, says we should be having more conversations about mental health at work if we are to overcome the stigma associated with it. “Let’s have some more role models from the workplace sharing their stories and invest in upskilling people around mental health,” he said.

Dr Kai Hass, Managerial Occupational Physician, Airbus, explained that health and wellbeing initiatives should just be part of the employee experience. “Culture, leadership, social relations, and communication are key to nurturing a healthy workplace environment,” he stressed.

One industry that has started to take the topic seriously is cyber security.

This year’s Black Hat USA, the world’s leading information security event, featured talks on job-related stress and mental health issues in the cyber workforce; a first in its 21 year existence.

With cyber-attacks and data breaches on the rise, it is clear that security employees are under increased levels of stress. But how does this affect them?

The subject was recently discussed on the TEISS Cracking Cyber Security podcast with Senior Vice President of Managed Security Services at Trustwave, Chris Schueler. On the podcast Chris speaks about what businesses should be doing to help their employees deal with the pressures of the job.

Listen to the full interview here.

Anna Delaney

Anna Delaney

© Business Reporter 2021

Top Articles

The future of insurance – is risk pooling a thing of the past?

When we talk about the future, we often conjure up images from science fiction novels

Let’s make insurers great again

The insurance of the future will be connected, fair and personalised, and it will engage policyholders in risk prevention.

The Future of Insurance - June 2021

Has the whirlwind year of 2020 finally pushed the insurance sector into the 21st century? Read more about how insurtech…

Related Articles