It's refreshing to read this article about how Lloyds Banking Group's CEO has recognised the importance of good mental health following his own struggles and has put in place a number of initiatives to address mental health for his employees.
Building a culture of trust and making employees feel safe and supported in the workplace not only leads to engaged and loyal staff, it also has a huge impact on performance and productivity. A study by Deloitte found that employees' mental health issues cost businesses over £40bn a year, so it needs to be taken seriously on all levels.
Employees - particularly Millennials and Generation Z - are becoming increasingly discerning and want to work for an organisation who's values align to their own and where they feel than can be themselves in the workplace.
Firms that ignore mental health issues risk "breaking employees' lives and families", the boss of Lloyds Banking Group has warned. Companies not paying attention to mental health also incur huge costs to the economy, research suggests. Employees' mental health issues cost businesses over £40bn a year, a study by consultancy Deloitte found. It found one factor was staff spending unproductive hours at work when ill, rather than taking time off.