Caring for the mental health and well-being of employees is not just a moral decision. This directly benefits the company’s bottom line.

A big part of what makes a business successful these days is its people. Most companies can access the right resources for needs such as manufacturing or technology, but what differentiates and separates them from their competitors is their innovation, creativity, quality customer service and responsiveness. . .

All of these things are largely influenced by the well-being of the workforce.

A number of studies have directly examined the effects of corporate investment on employee mental health and well-being. They found that organizations that invest in wellbeing see their stock market performance outperform that of their peers by three to six times.

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Paula Allen, Global Head of Research and Total Wellness at LifeWorks, emphasizes that wellness is a holistic concept, which seeks to define people in their best possible state.

“There are a lot of things that influence well-being,” she says. “For example, we know there’s a very strong connection between how you carry yourself from a mental health perspective and your financial well-being.”

To learn more about why companies should offer comprehensive employee wellbeing support, read our exclusive guide

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