Mental Health Employee Benefits Trends
This is the year of wellness concerns in the workplace.
Mental health continues to be an important topic in the past few years, with many people experiencing issues such as burnout, depression, anxiety and substance addiction.
Some of the numbers:
- 40% of U.S. adults said they have struggled with mental health or substance abuse during the pandemic (Jellyvision)
- Over 30% of employers have added new mental health benefits within the past year, according to (McKinsey)
- Despite increased efforts, nearly 25% of employees still don’t feel supported when it comes to their mental health (McKinsey)
- With that in mind, employers will need to evaluate their mental health strategies and consider how they can best help maximize their employees’ overall well-being. To help with this, employers can consider the following trends that may influence workers’ mental health.
Employers should expect to see more mental health programs cropping up in the new year.
- The vast majority of employers (90%) said they would be increasing their investment in mental health programs, according to a Wellable Labs survey.
- Of those employers, 72% expect most or all of those mental health solutions to be digital. These may include mindfulness or meditation programs, stress management classes or other online offerings.
- According to a Lyra survey, nearly 70% of employees said work-from-home days and flexible scheduling options are “very important.” That’s because having work flexibility allows employees to better manage their personal responsibilities, creating a better work-life balance.
- Telemedicine is shown to be so popular that 80% of employers intend to invest more in the solution. (Wellable Labs)
Mental health needs to be nurtured, just like physical health—it’s impossible to improve something overnight. Employers understand this and are taking steps to address issues before they worsen.
Employers are trying to curb this trend by checking in with employees more frequently about how they’re feeling. Instead of annual or quarterly one-on-one meetings, managers are being encouraged to touch base more regularly. Having this candid communication can help address mental health issues before they get worse.
Employers should be ready to help their workers with their mental health. This means educating employees and managers about these issues and providing solutions for individuals to seek professional help.