Tag: SME mental health

Poor employee mental health costs Singapore employers an estimated SGD 15.7 billion annually in reduced productivity and absenteeism, highlighting the critical need for effective and accessible mental health interventions for SMEs.

The World Health Organization estimates that depression and anxiety cost the global economy around US$1 trillion each year in lost productivity, highlighting the critical need for robust employee support. In Singapore, the Ministry of Manpower recommends structured mental health support, including Employee Assistance Programmes, for all employers.

The Singapore Ministry of Manpower's Tripartite Advisory on Mental Well-being at Workplaces recommends that all employers implement structured employee mental health support programmes, including access to Employee Assistance Programmes (EAPs). This comparison helps Singaporean employers navigate EAP options tailored for different organizational sizes.

Poor employee mental health costs Singapore's economy an estimated S$15.7 billion annually in lost productivity, highlighting the critical need for effective Employee Assistance Programs (EAPs). This guide compares leading EAP providers for SMEs in Singapore, offering insights into their services to help businesses make informed decisions.