Employees who take pride in their work and align themselves with the organisation’s purpose are more likely to deliver exceptional customer service, leading to increased customer loyalty and business success. Employee mental well-being is of paramount importance for organisations aspiring to cultivate a healthy work culture and achieve optimal productivity. Digital learning plays a pivotal role in supporting and promoting mental well-being by aligning employees with the organisation’s purpose, providing continuous learning opportunities, and fostering a sense of value and belonging. By investing in employee well-being, organisations can reduce absenteeism, increase productivity, enhance employee satisfaction and longevity, and ultimately drive business success. In this digital era, organisations that prioritise employee mental well-being through effective digital learning are future-proofing their themselves in an ever-evolving and competitive landscape. Get in touch with the experts at Mindboost to learn how we can help enhance happiness in your organisation.
We’ve dropped 10 of the most alarming statistics we’ve seen and where digital learning can truly make a difference.
Mental health-related issues contribute significantly to absenteeism in the workplace. According to the American Psychiatric Association, untreated mental illnesses cost US businesses over $100 billion each year in lost productivity due to absenteeism.
A study conducted by the World Health Organisation (WHO) revealed that for every $1 invested in mental health treatment, there is a return of $4 in improved productivity.
3 Longevity at an organisation
Employees who experience high levels of well-being are more likely to stay with their organisation. The Global Talent Trends report by LinkedIn found that 80% of professionals would be willing to stay longer with an employer that shows concern for their well-being.
4 Employee happiness within a job
Job satisfaction and well-being are closely linked. A survey conducted by the Mental Health Foundation found that 89% of employees with good well-being report higher job satisfaction.
5 Employee satisfaction
According to a Gallup study, organisations with engaged employees experience a 21% increase in profitability. Engaged employees, who feel supported in their mental well-being, are more likely to be satisfied with their work and committed to the organisation’s success.
6 Employee engagement
A report by Gallup revealed that companies with high employee engagement outperform their competitors by 147% in earnings per share. Digital learning programs that support mental well-being contribute to higher engagement levels.
7 Impact on customer satisfaction
Engaged and mentally well employees have a positive influence on customer satisfaction. According to a study by Temkin Group, companies that prioritise customer experience have 60% more engaged employees.
8 Employee burnout
Burnout is a significant concern in the modern workplace. The World Economic Forum estimated that by 2030, the global cost of burnout-related productivity losses will reach $322 billion. Digital learning programs that address mental well-being can help prevent burnout and support employees’ resilience.
9 Talent attraction and retention
Mental well-being initiatives can significantly impact an organisation’s ability to attract and retain top talent. According to a survey by Mind Share Partners, 86% of job seekers consider a company’s culture of mental health support when job hunting. Moreover, the same survey found that 50% of employees have left a job due to poor mental health support.
10 Cost savings through wellness programs
Implementing wellness programs that prioritise mental well-being can lead to cost savings for organisations. The American Journal of Health Promotion found that for every dollar invested in workplace wellness programs, companies can expect a return of $2.71 in reduced healthcare costs and $2.73 in lower absenteeism costs.