Tag: workplace wellbeing

Poor employee mental health costs Singapore an estimated SGD 16 billion annually, or about 2.9 per cent of the nation’s gross domestic product, highlighting the critical need for employers to address and potentially disclose their strategies for supporting employee well-being.

Poor employee mental health costs Singapore employers an estimated SGD 16 billion annually, highlighting the critical need for effective support systems like Employee Assistance Programmes (EAPs). Understanding expected utilization rates is key for employers to maximize the return on investment in these vital wellbeing initiatives.

Poor employee mental health costs Singapore employers an estimated SGD 15.7 billion annually, with presenteeism accounting for the largest portion. Understanding affordable Employee Assistance Programme (EAP) options is crucial for SMEs to mitigate these costs and support their workforce.