Investor Concerns Mount: The Hidden Cost of Neglecting Workplace Mental Health
The US stock market has reached record highs, largely driven by the success of the 'magnificent seven' tech stocks, with valuations implying strong earnings for years to come. However, when it comes to supporting employee mental health, these industry leaders are falling short. With mental wellbeing becoming an increasingly important aspect of corporate social responsibility and a key factor in employee productivity and retention, investors are starting to take notice of the potential risks of neglecting workplace mental health, including decreased job satisfaction and increased employee turnover. As a result, mental health support and wellbeing initiatives are becoming essential for companies looking to maintain a competitive edge and avoid potential long-term consequences.