As the world grapples with the impact of the COVID-19 pandemic, the importance of mental wellbeing has come into sharp focus. According to the World Health Organization (WHO), mental health disorders affect around 10% of the global population, with the pandemic exacerbating this figure further. In light of this, WorkLife, a leading provider of employee benefits, has introduced two new benefits aimed at addressing the growing demand for mental health support in the workplace. In this article, we’ll explore these new benefits and how they can benefit both employees and employers.
The first of these benefits is a teletherapy service that allows employees to access mental health support from the comfort of their own homes. The service is provided by a team of licensed therapists who are available 24/7 to offer confidential support on a range of mental health issues. This service is particularly beneficial for employees who may be reluctant to seek help due to stigma or a lack of availability in their local area. With teletherapy, employees can access professional support whenever they need it, without having to worry about any of the barriers that may have previously prevented them from seeking help.
In addition to teletherapy, WorkLife has also introduced a mental wellbeing app that provides employees with a range of resources and tools to support their mental health. The app includes guided meditations, mindfulness exercises, and mood tracking features, as well as a library of articles and videos on topics such as stress management, sleep hygiene, and resilience. The app is designed to be user-friendly and accessible, with features that allow employees to track their progress and set reminders to practice self-care throughout the day.
These new benefits come at a time when the demand for mental health support in the workplace is on the rise. A recent study by Deloitte found that 45% of employees experienced an increase in stress or anxiety due to the pandemic, with 43% reporting a decline in their mental health overall. As a result, employers are under increasing pressure to provide support that addresses the mental health needs of their workforce. By introducing teletherapy and a mental wellbeing app, WorkLife is responding to this need and helping to create a more supportive workplace culture.
The benefits of prioritizing mental health in the workplace are clear. Research has shown that employees who feel supported in their mental health are more engaged, productive, and loyal to their employer. They are also less likely to take time off work due to mental health issues, which can have significant cost savings for employers. In contrast, workplaces that neglect mental health may experience higher rates of absenteeism, presenteeism, and staff turnover, all of which can impact the bottom line.
By offering teletherapy and a mental wellbeing app, WorkLife is providing employers with an effective way to support the mental health of their workforce. These benefits are low cost, easy to implement, and have the potential to make a significant impact on employee wellbeing. In addition, they are a valuable tool for attracting and retaining top talent, particularly among younger generations who place a high value on mental health and work-life balance.
It’s worth noting that the benefits of teletherapy and mental wellbeing apps extend beyond the workplace. Employees who are supported in their mental health are more likely to experience positive outcomes in their personal lives as well. By providing access to professional support and self-care resources, WorkLife is helping to create a more resilient and empowered workforce that is better equipped to navigate the challenges of daily life.
In conclusion, WorkLife’s new teletherapy service and mental wellbeing app are an important step towards creating a more supportive and empowered workforce. By providing employees with access to professional support and self-care resources, WorkLife is helping to address the growing demand for mental health support in the workplace. We encourage employers to consider offering these benefits as part of their employee benefits package, as they can have a positive impact on both the employee and the company as a whole. As the demand for mental health support continues to rise, it’s likely that we’ll see more companies following WorkLife’s lead and prioritizing the mental health and wellbeing of their workforce. To learn more about the latest trends in fintech and employee benefits, visit Fintech Herald.