Earlier this week, Deloitte Canada released a study that revealed that businesses participating in workplace mental health programs achieved a significant return on investment . The first study of its kind in Canada, Deloitte’s “The ROI in workplace mental health programs: Good for people, good for business” is based on data collected from Air Canada, ATB Financial, Bell, Canada Life, CIBC, Desjardins Group, Enbridge, Energir, Husky Energy and Morneau Shepell Ltd.
This equation remains an ever-relevant one; debilitating mental health-related issues directly affect the daily grind—that is, if those suffering make it into the office in the first place. On any given day, 500,000 Canadians are unable to work due to mental health issues. The reality is that a growing number of Canadians are stressed out. A study released earlier this year by Morneau Shepell Ltd.
I speak for anyone who has ever worked for a startup: if you can afford it, invest in employee benefit plans. As someone who has rarely experienced this perk, take my word that it helps in the employee retention department. Consider where it makes sense to cut costs in exchange for happier employees and subsequent long-term gain.
At a workplace that embraces wellbeing, employees should feel supported and safe to activate their “Out of Office” autoreply and take a mental health day to address their own needs rather than emails and spreadsheets. On that note, startups should allow employees sufficient time and consideration in the event of the death of a loved one.
Employer provided health benefits are a scam. Get sick, loose your job, have no benefits just when you need them. Buy your own, your employer cares about the bottom line more than you.
Unlike our generation 'the parents ' sadly the turnover is high.