Research shows a projected increase in demand for mental health support in workplaces by 41% in 2024.
- A survey highlights financial health as the second most demanded area for support, with 34% of employers anticipating higher requests.
- 52% of employers plan to respond to this demand by enhancing mental health support services, such as counselling.
- A comprehensive focus on mental, physical, social, and financial health is deemed essential for organisational stability.
- A significant portion of employers still prioritise other business areas over employee wellbeing, indicating room for improvement.
The anticipation of a heightened demand for mental health support among employees in 2024 is underscored by recent research conducted by Towergate Health & Protection. The findings reveal that 41% of employers expect an upsurge in requests for mental health support in the coming year. Such a trend places mental health at the forefront of workplace support needs, surpassing other areas of concern.
Financial health emerges as another critical area, with 34% of employers predicting an increase in employee requests for related assistance. This highlights the growing importance of comprehensive support structures within the workplace, addressing diverse employee needs.
In response to these anticipated demands, over half of the employers surveyed, specifically 52%, have indicated their intentions to bolster mental health support for their workforce. This includes initiatives such as enhanced access to counselling services, demonstrating a proactive approach to employee wellbeing.
The dialogue surrounding workplace health and wellbeing stresses the necessity of addressing not just mental health but also physical, social, and financial health. Debra Clark, Head of Wellbeing at Towergate Health & Protection, emphasises this holistic approach, noting that neglect in any of these areas can destabilise the overall wellbeing structure. She states, ‘Employers must, however, give equal consideration to mental, physical, social and financial support.’
Despite these positive steps, over one-third of employers have reported focusing on other business priorities over the health and wellbeing of their staff. This revelation indicates a missed opportunity to equate employee wellbeing with business success, as articulated by Clark, who argues that ‘healthy and happy employees are key to any business succeeding.’
A well-rounded approach to employee wellbeing, involving mental, financial, social, and physical health support, is crucial for organisational success.
