The survey by the pensions and insurance consultancy Barnett Waddingham found that while 79% of bosses said addressing mental health within their organisation is a priority, just 47% of those asked feel they deal effectively with the issue.
The survey is part of the company’s new Wellbeing Agenda, which reveals that mental health now forms a large part of the wellbeing conversation in the workplace.
The survey also reveals that of the companies with a wellbeing strategy in place, the vast majority (89%) include mental health as part of it.
And around half of employers said training line managers is their top resource in place to address mental health, while a third (33%) offer counselling services, 30% have mental health first aid for their employees and 22% have implemented interactive or online training in their workplace.
Earlier this month, SHP reported that more than a third of the UK’s top-performing employees worry about the impact work has on their mental well-being.
The Smart Talent Expects report by CoreHR claimed 42% of employees believe work negatively impacts their personal lives and 41% worry about the impact it is has having on their mental health.
Barnett Waddingham’s workplace wellbeing consultant Laura Matthews said despite the positive themes running through the survey, 22% of organisations still do not see mental health as a priority.
“For it to be taken more seriously, employers need to understand the impact it can have on a business – as well as the individual,” said Ms Matthews.
“Research from MIND suggests that one in four people will experience mental ill health in any one year, which could be 25% of any workforce. If we don’t start to take it seriously, this may well damage an organisations reputation, profitability or eventually bring a business to its knees,” she added.
“Employers need to understand their employees and this needs to be driven by insights and data. Alongside equipping line managers with the right training and knowledge, resources such as the HSE Stress Risk Assessment gives a clear frame work to address stress or mental health.”
The benefits of health screening can be felt by both the employer and the employee alike. Health screening is an effective way of increasing employee morale, and leads to reduced sickness and levels of absenteeism.
Smoking Cessation Programmes, Carbon Monoxide Lung Analysis, Cardiovascular Risk Assessment, Alcohol Awareness/Risk Assessment, Spirometry, Celiac Testing, Weight and Stress Management.