The Power of Mental Health Support
Mental health benefits are critical for retaining talent. The American Psychological Association’s 2022 Work and Well-Being Survey found that 81% of employees prioritize workplaces offering mental health support, and 71% feel their employers are increasingly focused on mental well-being. (Source) Workplaces with robust mental health resources see reduced turnover, as employees are less likely to leave when their emotional needs are met, saving businesses turnover costs that can exceed 20% of an employee’s salary.
Why It Matters
Employees value environments that prioritize their well-being. Access to counseling or stress management tools fosters loyalty and engagement. Companies offering mental health support also report a 28% drop in absenteeism, per the National Institute of Mental Health. Small businesses, despite budget constraints, can implement affordable solutions to retain talent.
Actionable Tips for Small Businesses
Integrate mental health support cost-effectively:
- Partner with EAPs: Employee Assistance Programs provide low-cost counseling.
- Offer Digital Tools: Apps like Headspace or Calm deliver affordable mindfulness resources.
- Train Managers: Teach leaders to recognize stress and guide employees to support.
- Encourage Open Dialogue: Host workshops to normalize mental health conversations.
- Consider Exectras Membership: Explore our robust benefits and Wellness Platform that is included in membership.
Start Small, Win Big
Investing in mental health strengthens your workforce and bottom line. Explore affordable options today to keep talent thriving.