Prevention is the best cure.

Instead of waiting for a problem to arise and struggling to find a cure...
Why not take proactive steps to protect yourself from potential harm?

By Categories:

Economics

60% Lower Costs

A 10% increase in well-being is estimated to be associated with 60% lower medical costs

2-4X Return

For every dollar spent on mental health programs, there is a return of $2 to $4 in reduced absenteeism, increased productivity, and decreased healthcare costs

492% ROI

Early intervention (specifically early identification and facilitating access to quality mental health care) is associated with a 492% ROI

(calculated by comparing early intervention and treatment costs with subsequent reduction in absenteeism and improvement in work performance)

7.9X Return

Companies received an average return of $7.90 for every 1$ invested in executive coaching

+$4.5B Per Year

Select interventions that target mental health issues in the workplace could potentially save the economy $4.5 billion a year, just in Australia

24% Higher Profit Margin

Organizations that invest in training and development have a 24% higher profit margin

Business

788% ROI

The ROI from executive coaching is on average 529% and 788% in best-case scenarios

Business Management

61% of those coached saw improved business management

+46% Income

Executives and entrepreneurs who use a business coach can increase their net income by an average of 46%

Team Performance

51% of those coached saw improved team performance

Fortune 500

25-40% of Fortune 500 companies use executive coaching as a part of their standard leadership training for their top executives and best performers

Time Management

57% of those coached saw improved time management

89% Owners

89% of business owners who don’t have a mentor wish they did

Inter-personnal Skills

Coaching clients report that they improve interpersonnal skills by 71%

51% Higher Revenue

51% of organizations with strong coaching cultures report a higher revenue than similar companies

Success

1/3 Use Mentors

One third of successful entrepreneurs have turned to a mentor or support group

33% Top Performers

33% of founders who are mentored by successful entrepreneurs go on to become top performers.

92 % Direct Growth

92% of small business owners agree mentors have a direct impact on their growth and the chances for their businesses to survive

89% Owners

89% of business owners who don’t have a mentor wish they did

Inter-personnal Skills

Coaching clients report that they improve interpersonnal skills by 71%

1 Interaction

30% of business owners who had just one interaction with a mentor reported growth

+5 years

70% of entrepreneurs who receive mentoring survive 5 years or longer

+62% Career Opportunity

62% of coaching clients say they improved their career opportunities thanks to coaching

Productivity

Inter-personnal Skills

Coaching clients report that they improve interpersonnal skills by 71%

80% Boost in Confidence

80% of people who received coaching reported increased self-confidence

5X ROI

Implementing effective early intervention programs results in a five-fold ROI due to increased productivity

+48% Strength

48% of executives who use business coaching reported improvements in organizational strength

Highest Performance

Work performance (using supervisory performance ratings) were highest when staff reported high levels of mental well-being and job satisfaction

24% Lower Presenteeism

A 10 point increase in well-being scores was associated with 24% lower presenteeism

60% of CFOs

60% of CFOs believe there is a strong link between the health of the workforce, its productivity, and the impact on the bottom-line.

Reputation

Better Reputation

The company’s reputation is 9/10 times believed to be positively impacted by investing in professional well-being

Best Performer

When well-being is actively promoted in the workplace, employees are 2.5 times more likely to view their organization as a best performer than as a below average performer

Improved Attraction

Wellness programs lead to an improvement in external reputation, which was in turn attributed to improved attraction, for example of top talent

Increased
Retention

Implementing wellness initiatives resulted in an enhancement of the company’s public image, which, in turn, contributed to higher staff retention rates

2nd Biggest Factor

A mentally healthy workplace is the second most important factor in employees’ decision to accept a new position

Thriving & Engagement

+80% Self Confidence

80% of those coached saw improved self-confidence

+73% Better Relationships

73% of coaching clients saw improved relationships

+72% Better Social Skills

72% of those coached saw improved communication skills

Compliance

Safety

Workplace health and safety legislation acknowledges that employees and employers have a shared responsibility for their own health and safety

Liability

41% of organisations engaged in a mental health standards program to reduce their liability, just in Canada

Policy Gap

35% of employees are unaware or unreachable, as 81% of workplace policies to support mental health remain ineffective

Health

57.1% Lower Anxiety

57.1% of executives and entrepreneurs who use a business coach lowered their feelings of anxiety

63% Better Wellness

Coaching clients report that they improve their wellness by 63%

+67% Work-Life Balance

Coaching clients report that they improve their work-life balance by 67%

1 in 4 people

Around 1 in 4 people in the world will be impacted by poor mental health at some point in their lives

44.3% Lower Depression

Life coaching has been proven to result in a 44.3% decrease of depression levels

7/10 Owners

It’s estimated that 70% of business owners in the US see a direct return on investment from partnering with a life coach.

Lower Risks

Low levels of control or decision latitude at work increases the risk of mental ill-health by 20-25%. Conversely, those with high levels of decision making have a 25% lower risk of mental ill health

High Chances

The interactions of demands and control combine to produce job strain (characterised by high levels of demands and low control), which is associated with having 75-100% greater risk of later mental ill-health

Young Generation

Workers aged between 25-34 show the poorest psychological health, likely due to factors such as competing work and family demands as well as entering the workforce following study, working hard and using long hours to advance in their careers, and they experience low levels of skill discretion

Stigma

Silence

Employees who believe their workplace is mentally unhealthy are less likely to disclose their mental health conditions at work, seek support from HR/management, or offer support to a colleague with a mental health condition

Open Mind

Workplaces that are inclusive of people with a mental health condition can increase their participation in the workforce, help break down stigma, and improve community attitudes towards mental health

Priority

46% of employees believe that mental health and well-being is a big problem in their business. Of these just 20% believe this issue is being addressed and 50% believe it is not a high priority for action

Under Strain

45% of workers believe that staff are expected to cope without mentioning stress at work

Barrier

Employees tend to perceive that having a mental health condition could hamper their progression

Discomfort

31% of workers don’t feel comfortable talking to their manager if they felt stressed

Be part of the winning stats.

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