I would also like to receive the Early Bird Books newsletter which features great deals on FREE and discounted ebooks. But can technology help improve workers’ mental health? One of my darkest moments was when I was having a lot of fear and feeling angry about life. E*TRADE Financial Corporate Services, Inc. was also rated highest among in continuous delivery of technology improvements, overall satisfaction of an administration platform, customizable participant communications and alerts, and ability to automate workflows in the same study. Read more here. Group Five, Inc. is not affiliated with E*TRADE Financial Corporate Services, Inc. or the E*TRADE Financial family of companies. In fact, Group Five found that bread-and-butter issues like the administration platform functionality, participant websites, and service were the top reasons administrators switch providers.7 A cutting-edge technology and service experience can score significant wins for participants and further company goals, but this depends on a provider’s agility in supporting both critical functions and creative solutions. I’m building the Mental Health League, a brand to change how we talk about mental health. As of June 19, 2020, Group Five Stock Plan Administration Benchmarking Study and Financial Reporting Benchmarking Study rated Equity Edge Online® highest in Loyalty and Overall Satisfaction for the ninth consecutive year (2012-2020) among all plan sponsors who use a commercial system to manage the recordkeeping of their stock plans in-house. And equity compensation can play a key role in driving loyalty with top employees, but it’s worth examining the flip side of the coin, too: What does loyalty mean for plan administrators? Supporting the well-being of growing families, parents and providers Read more here. What’s the worry? Those findings from Total Brain’s July Mental Health Index—which compared pre-COVID data in February—echo scores of recent research indicating the pandemic is having a dramatic impact on mental health, including recent CDC data revealing one in four young adults say they have considered suicide in the past month because of the coronavirus. BBC Bitesize and Mental Health A wealth of resources to help young people take care of their mental health. “There’s no vaccine for anxiety. Antidepressant use in England soars as pandemic cuts counselling access. I won’t spoil it for you. Promoting good mental health and erasing the stigma of acknowledging mental-health matters has been a major project for Will and Kate, 39, and their Royal Foundation. "I wrote a lot in my journals," she says. NAMI, the National Alliance on Mental Illness, is the nation’s largest grassroots mental health organization dedicated to building better lives for the millions of Americans affected by mental illness. (Photo by Dorothy Shi Studio). But as employers turn to new programs and start to shift their culture as a result of the new environment, will things change permanently? Human Resource Executive. I started to have emotional problems for the first time and was hospitalized in Texas. So what are some of the best ways to provide mental health support to employees? Counseling & Mental Health, Hypnosis/Hypnotherapy, Life Coach “I was going to therapy , sound baths, and dancing a lot to get a break from all the negative thoughts in my … Want more creepy stories? More than one in 10 employees (13%) say they won’t take time off work until the pandemic is over, presenting a significant challenge for employers as they witness soaring rates of employee burnout and depression. We use cookies to ensure we give you the best experience on our site. A recent E*TRADE Corporate Services survey found that stock plans play an increasingly important role both in employee satisfaction and in a decision to keep—or leave—a job.5 And loyalty helps companies avoid turnover, where replacing an employee can cost 30–150% of their salary.6. Loyalty is created each day by the pursuit of excellence, never settling for the status quo, and always recognizing value with value. Loyalty can be fostered in many ways, but truly none may be as simple and effective as equity compensation. The author and speaker broke down how her morning habits help set her up for a worry-free day. Depression risk is soaring for workers; How can HR help? These are people who live with or have family members with a serious mental health condition. Everyone’s mental health story starts out the same: you’re born with a brain. By continuing to use our site without changing your settings, you're agreeing to our cookie policy. Mobilemarketingwatch.com, April 28, 2020. Burnout rates are soaring—and employees say HR isn’t helping: The vast majority of workers say they’re experiencing burnout at work, in large part due to the pandemic—and they also say they aren’t getting the help they need from their HR departments. Bureau of Labor Statistics, “Employer Costs for Employee Compensation – June 2020,” Sept. 17, 2020, https://www.bls.gov/news.release/pdf/ecec.pdf. Learn more about the intersection of HR tech and mental health at the Virtual HR Tech Conference. Read more here. Mental health problems affect 1 in 4 people every year and no one should feel ashamed. Thanks to Alicia for sharing such a heartfelt confession from the perspective of motherhood. James covers a subject that can’t be discussed enough. The day will become a permanent company holiday, extending beyond 2020 and taking place on or around World Mental Health Day—which is Oct. 10—each year, the firm’s CEO Steve Hasker wrote in an email to Thomson Reuters employees that was shared with HRE. “In the ADHD brain, the team is short-staffed. Mayim Bialik has a new mental-health podcast and a new Fox sitcom, 'Call Me Kat,' and talks about the struggle to manage her public persona. More than all the diseases you can imagine. Read more here. The risk for depression among U.S. workers has risen a whopping 102% as a result of the coronavirus pandemic—305% for workers aged 20-39. This illness kills more people than all other illnesses combined. In theory, we all have one and therefore it has a baseline level of health that we must support or maintain. In addition, not getting along with family and friends was causing problems for me in my life. But perhaps most important, the pandemic has reiterated the importance of mental wellness, of work/life balance, of self-care. Harvard Business Review, “Why Hiring During Covid Is Different Than in Previous Downturns,” Oct. 22, 2020, https://hbr.org/2020/10/why-hiring-during-covid-is-different-than-in-previous-downturns?utm_medium=email&utm_source=newsletter_monthly&utm_campaign=finance_not_activesubs&deliveryName=DM102915, 4. Mental Health Act reforms aim to tackle high rate of black people sectioned ... more on this story. E*TRADE Financial Corporate Services, Inc. and E*TRADE Securities LLC are separate but affiliated subsidiaries of E*TRADE Financial, LLC, a Morgan Stanley business. New strategic tools like SMS texting updates—which have a read rate of 98%8—help free up administrators to focus on other priorities and make it simpler for participants to engage with their plans. According to the Bureau of Labor Statistics (BLS), the US unemployment rate rose to an April peak of 14.7% before declining to 7.9% in September. I’ve reported countless distressing statistics over the past several weeks: 75% of employees are currently experiencing burnout at work. I love this story as it shows that success and mental illness aren’t mutually exclusive. Fostering employee loyalty helps companies thrive in uncertain times. She was making her routine room checks and happened upon the most horrific scene I’ve ever heard.This was during the night shift, and generally, all the patients’ bedroom doors should be closed. Employees are experiencing higher rates of mental health issues and struggling with feelings of isolation, loneliness and stress—and many are looking to their employer for help. Financial stressors are sky-high, with employees worried about losing their jobs (or their spouses losing their jobs), having less money or seeing their 401(k) balances drop. Read more here. Employees are refusing to take time off. Mental health issues will “far exceed the duration and impact of COVID itself,” Garen Staglin, chairman of One Mind at Work, said recently during a webinar. Could AI improve mental health? 4. Health & Benefits Leadership Conference News, 1% reduced or eliminated executive salaries, 0% reduced or modified executive annual bonus payouts. And if you’d like to share your story with our community, follow the steps here. Prince Harry spoke to a therapist about his mental health after two years of "total chaos" in his late … You might consider starting a blog, sharing your story on social media, or journaling. Tag: mental health stories. 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