The case for supporting mental and emotional wellbeing in the workplace is stronger than ever. If you're looking to introduce a workplace wellbeing program in your organisation, this business case template may be a helpful resource to prompt your organisation's leaders to take the next step.
When employees are armed with skills and practical tools to increase their mental and emotional agility, they are better equipped to adapt to the ongoing change, complexity and adversity faced in modern workplaces.
This business case template includes background information and credible research that supports the return on investment for employee wellbeing and mental health programs.
Wellbeing and mental health in the workplace is a growing concern amongst business leaders. This is not surprising when you note that:
45% of Australians between the ages of 16-85 will experience a mental health condition in their lifetime. [i]
One in five Australians (21%) have taken time off work in the past 12 months because they felt stressed, anxious, depressed or mentally unhealthy. [ii]
Despite this, only 52% of employees believe their workplace is mentally healthy. [iii]
Proactive, practical and science-led employee wellbeing programs like The Oranges Toolkit programs deliver a multitude of benefits including improving employee engagement, productivity, resilience and increasing adaptability to change, collaboration and more.
Research also suggests that actions to create a mentally healthy workplace can expect an average positive return on investment (ROI) of $2.30 to every dollar. Building resilience of individual employees is key to fostering a mentally healthy and high-performing workforce - while also retaining a competitive edge.
Evidence suggests that employees with positive wellbeing are:
· 6 x more likely to feel engaged
· 29% more likely to be productive
· 45% more likely to be satisfied in their jobs
· 46% less likely to experience unhealthy days
· 125% less likely to burnout
· 32% less likely to quit
Research also shows that organisations experience:
· 70% fewer safety incidents
· 41% lower absenteeism
· 24-59% lower staff turnover
· 3.5 x more likely to be seen as creative and innovative
· 10% higher customer ratings
· 10% higher average shareholder returns
We’ve done the heavy lifting and saved HR professionals and business leaders hours of research to help them create a strong business case to generate support for evidence-informed workplace wellbeing programs, such as the solutions offered by The Oranges Toolkit. Many of our clients have already told us it has saved their valuable time. We hope you'll find the template helpful too!
If you would like any support, detailed pricing or further details (or a Word template rather than PDF), please contact us.
Complete the form and you'll receive an instant PDF download of our business case template for investing in workplace wellbeing programs. A Microsoft Word template is also available on request. We will also contact you to find out how we can support you further.