Mental Health and Group Income Protection
Managing mental health in the workplace is key to a successful business. With over a fifth (23%) of business now reporting that mental ill health is the primary cause of long-term absence, there is a growing awareness of the importance of good workplace mental health and wellbeing.
A study conducted by a well know group risk provider found that less than two-thirds (59%) of employees said their organisation encouraged people to be open about mental health issues. Clearly we have some way to go before employees feel comfortable discussing their mental health and employers feel well equipped to support them.
Within the Group Income Protection sector, insurers have implemented mental health pathways, giving employers and their employees access to specialist support when mental health or mental wellbeing concerns are first raised. The pathways as part of a Group Income Protection policy include things such like holistic and preventative support on any issue related to mental health in the workplace. Early intervention support where an employee is struggling with their mental health is another method of protecting mental wellbeing. This can help employers and employees navigate that vital early period and prevent temporary symptoms from becoming bigger or longer-term mental health problems.
Speak to BDHL about ways to implement and managing mental health and or a Group Income Protection policy in your workplace today on 01892 891900