An employee with depression will be absent on average 3-4 days per month, costing almost $10,000 per year for an employee on the average salary. 6% of your workforce will experience depression each year.
50% productivity lost
A recent WHO-led study estimates that depression and anxiety disorders cost the global economy US$ 1 trillion each year in lost productivity.
Costs of psychological injury claims have doubled, and increased premiums
Cost of individual workers’ compensation payouts are increasing, with average payouts of up to $22,400 in some industries.
HR problems, conflict
Research done by the U.S. Department of Labour in 2015 predicted that the percent of a company’s staff absent daily was at least 3 percent.
“Mental Health and Resilience training is your Insurance Policy. Workplace Mental Health is Business Wealth”
– Peter Diaz, CEO – Workplace Mental Health Institute
“Take care of your employee’s mental health. It’s a high priority. You’re going to get better performance. Everybody knows that ”
– Steve Wozniak, Apple Co-Founder
We know mental health so well, we wrote the essential guide for managers
Mental Wealth reveals an approach to workplace mental health and wellbeing that is proven to actually get results.
Despite having a huge impact on the productivity, profitability, and culture of organizations, there is very little guidance currently provided to managers and leaders on how to effectively manage workplace mental health and wellbeing. What does exist is often focused on the legal aspects of minimizing risk that it misses the psychology of workplace mental health and high performance and actually ends up creating risk for workplaces.
“It’s so important what you are doing. Because if someone is burnt out, how are they going to address a big challenge that comes their way at work?”
– Randi Zuckerberg, Former Director of Marketing, Facebook
1. Strengths Based Recovery Approach
Our approach to mental health is a positive, and empowering one. We don’t focus on illness, we focus on what works, for individuals and organisations, so that you get the results you want.
2. We Understand Workplaces
With qualifications and experience in Senior Management and Business, and having worked with a range of diverse industries, we have a deep understanding of how mental health impacts workplaces, and what is needed to get the best outcomes for the individuals and the business, which means you are in expert hands.
3. Fully Qualified Mental Health Professionals
We are very selective when choosing our Specialists to deliver advanced mental health training for managers. They must have formal mental health qualifications in psychology, social work, psychiatric nursing, so they have very advanced knowledge, can answer (almost) any question, and share real examples and stories to help participants’ understanding, while supporting participants at the same time.
4. International Capacity
We are located in capital cities in Australia, the United Kingdom, and the United States, and willing to travel regionally and internationally, we have the capacity to deliver a large number of programs that are consistent and of high quality, and contextualised to the local area.
5. Practical Skills not just Awareness
Our workplace mental health programs are highly experiential, interactive, and practical. Our focus is on ensuring participants have practical skills they can use in their worklife, not just knowledge and theory.
6. We Get Results
Organisations we work with have seen reductions in absenteeism of 33%, reductions in psychological injury claims of more than 50%, reductions in employees with mental health problems by 79%, and improvements in wellbeing of 57%.
7. We Have Fun
Workplace mental health training for managers or staff doesn’t have to be doom and gloom. We engage participants with stories, videos, humour, discussions and activities, to ensure they get the most out of the experience. Our participant feedback ratings are consistently over 96% overall satisfaction.
“The Workplace Mental Health Institute leads the fight to help individuals and organizations tackle this complex problem with proven, effective plans and strategies.”
– Steve Anderson, Authority on Risk and Author ‘The Bezos Letters, 14 Principles to Grow Your Business Like Amazon’
By major national and global organisations
“This is the second time we’ve had a session from the Workplace Mental Health Institute and it definitely won’t be the last. Such an engaging and entertaining presenter, you walk away with a greater sense of your own wellbeing and the tools to help you deal with bumps in the road. We’ve had such wonderful feedback from our team, including that they felt extremely valued as employees”
– Elizabeth Cupitt-Lovell, Roche
A Thriving Workplace Culture Is No Accident
Wellbeing happens by design. In organisations where a culture of wellbeing thrives, invariably there’s someone leading and directing the culture of that workplace so that it is one of positive mental health and wellbeing. The good news is that there’s a science to mental health and wellbeing and we know how to make it happen! And that there are measurable core competencies. Are you prepared? When would now be a good time to start? SMART workplaces are healthy and wealthy workplaces.