Parents Matter in the Workplace
Emotional Wellbeing For New Parents In The Workplace
A resource for employers, managers and employees
Deloitte reported in 2012 that the majority of economic costs attributable to perinatal anxiety and depression result from lost productivity in the workplace and estimated these costs to be $310 million for Australian Businesses.¹
There are both social and economic advantages in creating a workplace where good mental health is valued. Many working parents feel stressed as they try to juggle work and family.
New parents in the workplace are particularly vulnerable. Many expectant and new parents feel overwhelmed, and this can lead to anxiety and depression. Their emotional state can have a significant impact in the workplace as they struggle to concentrate, make decisions or get things done. If not identified and treated, anxiety and depression can prove costly to employers as it can result in absenteeism, presenteeism, reduced productivity and lower return to work rates. The good news is that workplaces can take action.
PwC research in 2014 showed a $2.30 average return on investment for every $1 invested in creating a mentally healthy workplace. A mental health condition could mean 45hours of absenteeism and 150 hours of presenteeism per employee per year. ² It makes business sense to support new parents in the workplace in order to retain good staff.
The Gidget Foundation can support employers to promote mental wellbeing in the workplace. Staff feel valued when they feel supported. Managers gain insights and tools to help them feel more confident to support vulnerable staff. Workplaces will increase their social return on investment and that has a positive impact on the bottom line.
The Gidget Foundation can support individual workplace needs by:
- Working collaboratively to tailor make programs, workshops or seminars.
- Providing an Employee Assistance Program with specialized psychologists. Counseling can be arranged in person or through Skype.
- Providing tools and resources for managers and staff.
- Providing interesting and informative speakers.
¹ Deloitte Access Economics The cost of perinatal depression in Australia (October 2012)
² PwC Australia Creating a Mentally Healthy Workplace. Return on Investment Analysis (March2014)