05/12/2023Ten Observations from Ten Months of Revised BVCA Model Investment Documents
In February 2023, the British Venture Capital Association (BVCA) published revised standard form documents for… Read more
12/10/2018
“Life is not merely being alive, but being well” – Marcus Aurelius
In October 2017, the Stevenson and Farmer Review reported that poor mental health costs UK employers between £33bn and £42bn per year through its impact on employees’ low productivity, absence and high rates of staff turnover. As World Mental Health Day was celebrated earlier this week, our Employment team present five tips for employers that will help them promote positive mental health in the workplace.
What is mental health?
Mental health is a broad term that relates to an individual’s emotional, psychological and social wellbeing. The World Health Organisation (WHO) emphasises that mental health is not just the absence of mental disorder, but is instead a “state of well-being in which every individual realizes his or her own potential, can cope with the normal stresses of life, can work productively and fruitfully, and is able to make a contribution to her or his community.”
According to the Health and Safety Executive, one in four people in the UK will experience a mental health problem at some point in their lifetime. Issues can arise as a reaction to challenging life events, such as bereavement, but may also be affected by the workplace environment.
Benefits to employers
It has long been recognised that employees with good, sustained mental health are more likely to be resilient to the pressures of life, foster positive relationships with colleagues and clients, work more productively and realise their full potential.
Therefore employers who adopt positive and proactive approaches to mental health can benefit from more engaged and motivated employees, reduce mental health related absence and save costs in the long-term.
Five top tips for employers
(Note: This article was written by our Employment Trainee Alfie Bright with input from Partners Merrill April and Stephen Ravenscroft.)
In February 2023, the British Venture Capital Association (BVCA) published revised standard form documents for… Read more
91% of UK companies who participated in the 6 month 4-day week trial intend to… Read more
At the latest Memery Crystal and Rosenblatt Breakfast Briefing, held in partnership with The Realization… Read more
The use of personal email accounts for business purposes has been in the news a… Read more