Tag: mental well-being

Investing in employee mental well-being is crucial, especially given that depression and anxiety cost the global economy an estimated US$1 trillion annually in lost productivity, as reported by the World Health Organization. Singaporean employers can leverage grants like the Enterprise Development Grant to support these vital initiatives.

Fostering psychological safety is crucial for high-performing teams, especially in Singapore, where mental well-being is a growing concern. The World Health Organization estimates that depression and anxiety disorders cost the global economy nearly US$1 trillion annually in lost productivity, highlighting the economic imperative of supportive workplace environments.