Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Business > Workplace mental health requires board level accountability and leadership
    Business

    Workplace mental health requires board level accountability and leadership

    Workplace mental health requires board level accountability and leadership

    Published by linker 5

    Posted on January 28, 2021

    Featured image for article about Business

    By Dave Capper, CEO of Westfield Health

    Crises accelerate change, uncovering what really matters and what we should care about. None more so in the last year than mental health, where the impact of Covid-19 triggered an increased openness to address a once-taboo topic and demanded a greater focus on the nation’s wellbeing.

    However, this is not just a problem to be tackled by the government and the public health sector alone; it is an economic challenge that has far-reaching commercial consequences for UK businesses.

    The country’s mental health explosion (ONS data reveals people experiencing a form of depression doubled from March to June last year) is continuing to play out in the workplace, wherever that now may be. And a Christmas spent apart from family will not have helped, no matter how unavoidable it was.

    The connection between an engaged and motivated employee and a strong and high-performing business is well understood, widely known, but repeatedly overlooked. This can no longer be the case as it is now a key part of both a company’s survival and its future growth when the country starts to recover from the pandemic.

    Dave Capper

    Dave Capper

    Pre-pandemic, the rewards of having a successful wellbeing programme were clear and tangible to those who implemented them. But these businesses were in the minority. As we start to feel the consequences of the UK’s third lockdown, this minority is starting to become a majority, and the commercial risks for not improving wellbeing will be profound and dangerous to ignore.

    However, the implications are too big for a company’s HR team to navigate alone. Those at the very top of an organisation have to shape and lead on mental wellbeing within the organisation.

    Just as companies which maintain the same level of marketing and advertising spend through difficult times emerge from recessions faster than those that don’t, the same can be said for those who invest in long-term, engaging wellbeing programmes even when budgets are tight.

    With the lines between work and home blurred for millions of UK employees, those programmes need to be reviewed, refreshed and redeployed.

    First, there is a need to have representation for wellbeing at the highest level within a company: a board-level sponsor who is accountable for the programme and its impact.

    In many businesses, this could mean a significant change in the culture of the organisation. However, without those at the very top setting the tone and being seen to lead, mental health will slip down the agenda, triggering lower levels of motivation and productivity and higher rates of absenteeism.

    Second is the level of training and communication.

    Mental health first aid courses for managers and peers across an organisation not only gives employees a range of people to turn to, they also raise awareness of and reduce the stigma around mental health. By making wellbeing part of line manager meetings and delivering outreach calls for those experiencing a change in circumstances (returning from furlough or sick leave due to Covid-19 for example), developing issues can be identified early when intervention can be at its most effective.

    Beyond just introducing these initiatives, like all business issues, they need to be measured.

    Tracking mental health conversations between trained management and employees, the number of training courses taken and how many people are mentally vulnerable in the organisation will be a vital part of ensuring skills are being put into practice in a regular, meaningful way. To push progress and the use of these skills, these mental health measures must become a regular point on the boardroom agenda.

    While the long-term societal impact of working from home, isolation and restrictions may not be known for many years, one thing that has become clear is the role companies can and must play in the mental wellbeing of their teams. Not only because it is the right thing to do for the employees, but also because it is a huge part of how a company will perform in the uncertain months and years ahead.

    Related Posts
    Why Email Deliverability is a Business Risk Your Company Can’t Afford to Ignore
    Why Email Deliverability is a Business Risk Your Company Can’t Afford to Ignore
    Five questions to ask before stepping into Employee Ownership
    Five questions to ask before stepping into Employee Ownership
    Cybersecurity as a Profit Engine: Turning Financial Services Security into Measurable Business Value
    Cybersecurity as a Profit Engine: Turning Financial Services Security into Measurable Business Value
    How Investability Helps Companies Navigate Transformational Times
    How Investability Helps Companies Navigate Transformational Times
    88% of UK and US organisations concerned about state-sponsored cyber attacks as national threat levels surge, IO research reveals
    88% of UK and US organisations concerned about state-sponsored cyber attacks as national threat levels surge, IO research reveals
    One in three SME leaders do not fully understand cash flow, despite 82% facing cash flow problems
    One in three SME leaders do not fully understand cash flow, despite 82% facing cash flow problems
    Inside the Company that Predicted the Remote Work Mega-Trend Before It Became Mainstream
    Inside the Company that Predicted the Remote Work Mega-Trend Before It Became Mainstream
    SEO Consultant Adrian Czarnoleski on How to Increase Business Value Before Exit
    SEO Consultant Adrian Czarnoleski on How to Increase Business Value Before Exit
    No SOC 2, No Deal: Why You’re Already Losing Clients - and What You Can Do About It
    No SOC 2, No Deal: Why You’re Already Losing Clients - and What You Can Do About It
    Jose Tolosa Guides Organizations Forward with Clarity, Purpose, and Integrity
    Jose Tolosa Guides Organizations Forward with Clarity, Purpose, and Integrity
    Reducing Freight Costs to Drive Global Trade Expansion
    Reducing Freight Costs to Drive Global Trade Expansion
    The Psychology of Music in the Modern Workplace
    The Psychology of Music in the Modern Workplace

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Business

    Explore more articles in the Business category

    Revealed: Low-Cost/No-Cost Marketing Hacks For Results Oriented Businesses

    Revealed: Low-Cost/No-Cost Marketing Hacks For Results Oriented Businesses

    Finance teams still stuck in spreadsheets as manual processes stall digital transformation

    Finance teams still stuck in spreadsheets as manual processes stall digital transformation

    The Future of Remote & Hybrid Leadership: Leading With Data-Driven Foresight

    The Future of Remote & Hybrid Leadership: Leading With Data-Driven Foresight

    2025-2030: The Next Technological Innovations for Business

    2025-2030: The Next Technological Innovations for Business

    The CFO’s New Playbook: 5 Ways AI Is Redefining Finance with Insights from Rishi Oberoi

    The CFO’s New Playbook: 5 Ways AI Is Redefining Finance with Insights from Rishi Oberoi

    Revolutionizing Payments: Secure, Scalable, Sovereign

    Revolutionizing Payments: Secure, Scalable, Sovereign

    Why Trademark Abuse in Paid Search Is a Growing Risk for Financial Institutions

    Why Trademark Abuse in Paid Search Is a Growing Risk for Financial Institutions

    E-commerce Customer Service: Tips

    E-commerce Customer Service: Tips

    When to Automate Your Warehouse: The Tipping Point for Operations Growth

    When to Automate Your Warehouse: The Tipping Point for Operations Growth

    Hurt at Work? 5 Financial Facts You Need to Know

    Hurt at Work? 5 Financial Facts You Need to Know

    Against the Odds: Resilience in Consumer Subsectors Offers Prime Opportunities for Investors

    Against the Odds: Resilience in Consumer Subsectors Offers Prime Opportunities for Investors

    Empower Your Workforce With Financial Wellness This Labor Day

    Empower Your Workforce With Financial Wellness This Labor Day

    View All Business Posts
    Previous Business PostApple logs record quarterly smartphone shipments, Huawei in freefall
    Next Business PostOil falls on demand fears, strengthening dollar