Tag: crisis management

Poor employee mental health costs Singapore employers an estimated SGD 16 billion annually in reduced productivity and absenteeism, highlighting the critical need for proactive workplace mental health strategies, including suicide prevention.

Poor employee mental health costs Singapore employers an estimated SGD 15.7 billion annually in lost productivity, highlighting the critical need for proactive support. Equipping managers with Psychological First Aid (PFA) training is a vital step to address this, enabling them to provide immediate, humane support and refer employees to professional help.

Workplace crises, particularly those impacting mental well-being, can severely disrupt operations and employee health. With lost productivity due to depression and anxiety costing the global economy US$1 trillion annually, according to the World Health Organization, proactive crisis response planning is essential for organizational resilience and employee support.

Mental well-being is a critical concern in Singapore, with surveys from the Singapore Institute of Mental Health indicating that 1 in 3 youth aged 15 to 35 experience severe symptoms of depression, anxiety, or stress. This highlights the broader societal need for robust mental health support, which extends directly into the workplace.