Tag: workplace well-being

Investing in workplace mental well-being, including psychological safety training for managers, is crucial given that depression and anxiety disorders cost the global economy US$1 trillion annually in lost productivity, as estimated by the World Health Organization.

Employee engagement is a critical competitive differentiator for organizations, strongly relating to retention and productivity, according to Gallup's meta-analysis. Understanding these evolving needs is crucial for managers in Singapore to foster a thriving workforce.

Understanding the distinction between mental fitness and mental health is crucial for workplace well-being strategies, especially given that poor employee mental health costs Singapore an estimated SGD 15.7 billion annually.

Lost productivity due to depression and anxiety may cost Singapore nearly S$16 billion a year, highlighting the critical need for employers to address workforce mental health proactively. Understanding these statistics is crucial for developing effective strategies to support employee well-being and mitigate significant economic impacts.

Addressing burnout is crucial for workplace well-being in Singapore, especially given that nearly a third of young people aged 15 to 35 reported severe or very severe symptoms of depression, anxiety, or stress, according to the National Youth Mental Health Study by the Institute of Mental Health (IMH). Employers have a vital role in recognizing early warning signs and implementing supportive measures to foster a healthier work environment.

The American Psychological Association defines resilience as the process of adapting well to adversity, trauma, tragedy, threats, or significant sources of stress. In Singapore, the MOM Tripartite Advisory on Mental Well-being at Workplaces recommends that employers train managers to recognise signs of stress and support employee mental well-being.