HR Newsletter: The Case for Mental Health Benefits

The Case for Mental Health Benefits

Mental health has been a hot topic recently, thanks to the COVID-19 pandemic. Over the past two years, so many people have experienced issues such as burnout, depression, anxiety and substance addiction. In fact, 40% of U.S. adults said they have struggled with mental health or substance abuse during the pandemic, according to a Jellyvision survey.

In 2022, mental health will continue to be a top concern for workplaces, and employers are taking notice. Over 30% of employers have added new mental health benefits within the past year, McKinsey and Company says. Yet, despite increased efforts, nearly 25% of employees still don’t feel supported when it comes to their mental health.

With that in mind, employers will need to evaluate their 2022 mental health strategies and consider how they can best help maximize their employees’ overall well-being. Doing less could create greater problems down the road, such as increased absenteeism and voluntary terminations.