THE LINK BETWEEN MENTAL HEALTH AND EMPLOYEE RETENTION
Multiple factors play a role in employee attrition. It could be lack of growth and progression, being overworked, feeling undervalued as well as other personal reasons. However, there are studies indicating that employees rate mental health support services as one of their most valued employee benefit offered by their company. Many indicate that they would leave their current company for a workplace that gave more emphasis to employee mental health. This says something alarming about the current scenario of well-being among employees in the workplace. Mental health, then, and consideration for it plays an important role in employee wellbeing, and consequently employee retention.
Poor mental wellbeing impacts employee performance and retention as indicated by increased sickness absence, lower productivity levels, higher employee turnover, lack of development and performance improvement and a less diverse workforce.
What is the missing link here? The key is to invest in your employees’ well-being.
This is where introducing as well as maintaining a robust Employee Assistance Program, or EAP, in the workplace can pay rich dividends in the long run. A good EAP service can help tackle retention challenges by helping improve the mental well-being of employees. Employees expect their company to fund the EAP benefit that includes mental health counselling, wellbeing workshops, diet and nutrition counselling, work-life assistance, legal/financial counselling, in addition to proactive programs for resilience and mindfulness.
Some employees may not know what qualifies as the right time to seek help. If you or someone you work with are experiencing some or any of these signs, you may benefit from the EAP services:
Trouble concentrating
Inability to cope with daily problems or stress
Trembling or shaking
Mood swings
Withdrawal from loved ones
Upset stomach
Chronic fatigue
Changes in sleep patterns and appetite