Mental health programs as a strategic HR initiative
M Ramu and C Christal Libisha
In today's fast-paced and competitive business environment, mental health has become a critical workplace issue that affects employee well-being, productivity, and overall organizational success. Instead of only viewing mental health programs as a support function, employers are starting to recognize the importance of these programs as an essential component of their human resource (HR) strategy. Businesses may enhance employee engagement, address the increasing demand for psychological well-being, and significantly reduce the negative impacts of burnout, attrition, and absenteeism by implementing mental health initiatives.
This abstract looks at how mental health initiatives may be deliberately incorporated into an organization's HR strategy and how they can contribute to a more productive and healthy workforce. It emphasizes on how these programs serve as an investment in human capital, ensuring long-term viability, talent retention, and a competitive advantage in the marketplace when aligned with company objectives.
Important considerations include the incorporation of mental health programs into company culture, the role of leadership in promoting psychological safety, and the measurable benefits— like improved performance, increased employee morale, and reduced medical and absence expenses. Additionally, covered in this abstract are the ways in which technology has altered the delivery of mental health services and the growing significance of mental health initiatives in promoting diversity, equity, and inclusion.
Instead of being a reactive HR strategy, mental health programs are a proactive one that can improve organizational performance and alter workplace culture. Companies that prioritize mental health are more likely to thrive in the evolving global economy. The purpose of this essay is to clarify the strategic significance of mental health programs in HR management by emphasizing their role in creating a resilient, effective, and supportive workforce.
M Ramu, C Christal Libisha. Mental health programs as a strategic HR initiative. Int J Foreign Trade Int Bus 2024;6(2):202-207. DOI: 10.33545/26633140.2024.v6.i2c.134