HR executives and other corporate leaders have been stepping up in response to the current environment. G&A Partners, “Calculating The Cost Of Employee Turnover,” June 3, 2016, https://www.gnapartners.com/resources/articles/how-much-does-employee-turnover-really-cost-your-business. Sheila. In fact, a recent Equilar survey found that nearly half of companies have made or plan to make changes to their executive compensation.1 Yet this may not always be the best course of action. Employee loyalty can’t be bought or sold—but it may be earned, Whiplash-inducing headlines can make it seem like the sky is falling, but there are patches of light. I’m building the Mental Health League, a brand to change how we talk about mental health. What are the stories about mental health that inspire you? The startling information comes from Paychex, which finds that 30% of employee respondents feared that discussing their mental health could lead to being fired or furloughed and that 29% thought discussing their issues could cost them a promotion. Company balance sheets ride a razor’s edge between profit and loss, and it doesn’t take much to tip the wrong way. 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. “All of this is impacting our lives,” he said. With so much going on, employee loyalty may not seem like the highest order of business these days—but there are many reasons companies should keep an eye on this often overlooked and undervalued “asset.” Retention is an oft-cited metric, but loyalty goes deeper, inspiring engagement among high-performance talent and fostering a sense of connection and ownership within your firm. Mental health issues like depression, anxiety, stress and burnout have soared in the wake of COVID-19, causing smart employers to take a hard look at their benefits offerings—and workplace culture—in an effort to help employees. New research from the Integrated Benefits Institute finds that proper screening for depression, as well as some cancers and chronic conditions such as hypertension, diabetes and obesity, is lagging among employees. These are people who live with or have family members with a serious mental health condition. An extension of OC87: The Obsessive Compulsive, Major Depression, Bipolar, Asperger’s Movie, OC87 Recovery Diaries is “a place to share your mental health recovery story … All associates who are eligible for company holidays were given a mental health day off on Oct. 9. Group Five, Inc. is not affiliated with E*TRADE Financial Corporate Services, Inc. or the E*TRADE Financial family of companies. Sharing your own mental health story can also be cathartic. Everyone’s mental health story starts out the same: you’re born with a brain. But in the time of coronavirus, the practice is becoming more vital than ever. But perhaps most important, the pandemic has reiterated the importance of mental wellness, of work/life balance, of self-care. But as employers turn to new programs and start to shift their culture as a result of the new environment, will things change permanently? Read more here. Natalie really brings you into the mind of someone with ADHD through clever analogies and colorful descriptions. James covers a subject that can’t be discussed enough. This is a straightforward perspective with actionable tips for anyone that works from home or spends most of their time sitting at a desk. 1. "I wrote a lot in my journals," she says. Antidepressant use in England soars as pandemic cuts counselling access. You can share your words publicly, in support groups, with a therapist, or only with family or friends. Register here. The stories below are the personal experiences of people who have recovered from, or are going through, depression, anxiety or a related disorder. E*TRADE Corporate Services 2020 Stock Plan Participant Survey, Total of 53,512 Stock Plan Participants survey conducted 9/8 – 9/18. 10 strategies to improve mental health: A focus on mental health always makes good business sense. And if you’d like to share your story with our community, follow the steps here. Loyalty comes from your employee base feeling like they have skin in the game—that they are a real part of the team—and a good way to create that dynamic is through the incentive of a stock plan. Mike's story “After the first phone call, a weight was lifted off my shoulders” Mike tells us about how Mental Health and Money Advice in Scotland, delivered by Support in Mind Scotland, helped him to deal with his spiralling debt, and about the impact it has had on his life. By sharing our experiences, together we can end the stigma. I would also like to receive the Early Bird Books newsletter which features great deals on FREE and discounted ebooks. Mobilemarketingwatch.com, April 28, 2020. 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 Adding to workers’ stress is the feeling that their employer, and HR department in particular, is not helping with their concerns. There’s no vaccine for depression.” In addition to COVID-19 and its associated effects, a weak job market, racial tensions and the upcoming election are adding to employees’ anxieties. Want more creepy stories? It’s not all doom and gloom though. Loyalty can be fostered in many ways, but truly none may be as simple and effective as equity compensation. This illness kills more people than all other illnesses combined. Forney who was comfortable telling stories through this medium, started to create comics for herself about her experience of living with mental illness. Why employers should act now on mental health: Workers’ risks of developing depression, anxiety and other mental issues have declined since last month, according to Total Brain’s latest Mental Health Index. Is COVID-19 a turning point for workplace mental health? 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. David chronicles the steps he took to improve his mental health after a cross-country move at the age of 23. In connection with stock plan solutions offered by E*TRADE Financial Corporate Services, Inc., E*TRADE Securities LLC provides brokerage services to stock plan participants. The startup world is a tough place, and we need to come together to stay mentally healthy. In some ways, my experience with my bipolar disorder has been like my experience with appendicitis: two years of intense symptoms then professional intervention only when things started to rupture. Fostering employee loyalty helps companies thrive in uncertain times. Tough times can shake up even the strongest organizations, and flexibility has become an essential virtue as we reevaluate goals and performance metrics in a disruptive 2020. 6. Sign up for The Lineup’s newsletter, and get the strangest tales delivered straight to your inbox. 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. Group Five, Inc. is not affiliated with E*TRADE Financial Corporate Services, Inc. or the E*TRADE Financial family of companies. Bureau of Labor Statistics, Employment Situation News Release, Oct. 2, 2020 and May 8, 2020, https://www.bls.gov/news.release/archives/empsit_10022020.htm, and https://www.bls.gov/news.release/archives/empsit_05082020.htm 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. MH Stories started as 'This Is What A Person With Mental Illness Looks Like' a project to raise awareness as well as educate people on mental health. When your physical health suffers, your mental state may too. Mental health issues like depression, anxiety, stress and burnout have soared in the wake of COVID-19, causing smart employers to take a hard look at their benefits offerings—and workplace culture—in an effort to … Read more here. Equilar, “COVID-19 Executive Pay Adjustments Survey Results,” October 2020, https://info.equilar.com/e/82992/pay-adjustments-survey-results/5p7hcs/621275485?h=gIUUe0wxoqqQ-__XbBsYgsFYgc2mc2NZJ-Q4zpXGIBM Human Resource Executive. As I continue to grow the Mental Health League and review stories from each of you for the Mental Health League publication, I’ve been reading a lot of other posts from across the web. Building employee loyalty, lowering administrator blood pressure. Depression risk is soaring for workers; How can HR help? In part, their interest is … 8. According to a new survey, more than 80% of HR and IT leaders are concerned about user adoption of new tech solutions. By continuing to use our site without changing your settings, you're agreeing to our cookie policy. 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. Prince Harry spoke to a therapist about his mental health after two years of "total chaos" in his late … 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. Doing this by sharing stories from people who have struggled/are still struggling with their mental health. The employees are not all right: It’s a massive understatement to say our collective mental state isn’t good. The editors here are looking for articles both for print and digital – from reported features to … There is a growing need for mental health care in the U.S. and with more need comes more demand for services. Topics mental health psychology health COVID-19 WIRED is where tomorrow is realized. 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. BBC Bitesize and Mental Health A wealth of resources to help young people take care of their mental health. 3. Read more here. The flexibility to manage changing needs through innovative technology and service is a key differentiator both for companies and their plan providers, but it’s important to get it right. Remote work, mental health: COVID lessons from employers: Months into the pandemic, workplace leaders are not only focusing on the now—they’re looking ahead to the future and rethinking policies that have the potential to change the workplace forever. More than all the diseases you can imagine. This commentary contains current opinions from E*TRADE Financial, LLC and its affiliates which are subject to change without notice. For example, a seamless user experience like the redesigned participant site on etrade.com empowers employees with the flexibility to find answers to their own questions and direct themselves on a comprehensive, personalized journey. My name is Wil Wheaton. In theory, we all have one and therefore it has a baseline level of health that we must support or maintain. 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. Let us know in the comments below. Glamour’s health section covers accessible stories on issues that impact women’s lives, including mental health, body image, reproductive rights, nutrition, fitness and more. 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. Read more here. 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. What are the stories about mental health that inspire you? Not only is that dangerous, but lack of preventive care also is driving up healthcare and productivity costs for employers. Workers aren’t getting screened for depression—and it’s costing employers: Although depression risk is soaring for employees, the vast majority aren’t getting the screening and care they need—and it’s costing employers big time. 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. The new data from software firm Zapier finds that hesitation to take time off may be fueled by a few concerns. Read more here. The spouse cheated after 60 years of marriage, leaving the patient homeless and heartbroken.” Pilot with Amnesia Could Be a … Here’s what HR leaders and other industry experts had to say. I love this story as it shows that success and mental illness aren’t mutually exclusive. I love this post. 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. Protecting a generation of young people’s mental health by addressing image-editing and filters Danny shares his story on the effect image-editing apps have had on his mental health Adi’s story - … We use cookies to ensure we give you the best experience on our site. 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. In "This is Depression", psychiatrist Dr. Diane … 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. It is the essential source of information and ideas that make sense of a world in constant transformation. Equilar, “COVID-19 Executive Pay Adjustments Survey Results,” October 2020, https://info.equilar.com/e/82992/pay-adjustments-survey-results/5p7hcs/621275485?h=gIUUe0wxoqqQ-__XbBsYgsFYgc2mc2NZJ-Q4zpXGIBM, 2. In this moving Guideposts story, writer Elizabeth Sherrill unpacks Abraham Lincoln's history of mental health struggles, and in so doing, finds an understanding of her own. Read more here. Here are some that have inspired me. 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. And, with the nationwide protests over the murders of George Floyd, Breonna Taylor and others, there’s a growing recognition of how race and systemic racism can impact the overall mental health of people of color and, in turn, HR programs and policies. So my mom turned a corner and noticed an open door. Media giant launches mental health day as company holiday: Thomson Reuters is instituting a mental health day as an annual company holiday, the media firm said. One of my darkest moments was when I was having a lot of fear and feeling angry about life. 8. Stories. But if the stock plan experience fails to engage your employees, then all this time and effort may be for naught—not simply in the dollar amounts, but in the loyalty lost from employees who may feel they aren’t receiving the full value of the benefit. 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