Mental Wellbeing – Addressing Your Workplace’s Greatest Risk in 2024

Across Australia, employee mental health and resilience has become a key focus for companies. These businesses recognise that their greatest risk comes not from systems or machines, but from people. While there are inherent costs in providing safe, robust and mentally healthy workplaces, the costs of doing nothing are even greater. Safe Work figures show $33.5 billion is spent annually on non-injury workers compensation claims, with 7,985 Australians compensated for work-related mental health issues each year, comprising 7% of total claims.

High levels of psychological distress have substantially increased. According to Safe Work survey participants, mental health issues have doubled in the last year. The knock-on effect is a heightening of workplace stressors, absenteeism, disengagement and lost productivity.

Understanding how to identify and deal with psychosocial health issues in the workplace is a challenge. Optimum Health and Management services is a Perth-based corporate health and wellbeing advisory team. Optimum specialises in working with businesses to reduce their exposure to human risks in the workplace. Optimum’s easy to use on line platforms and data driven decisions and programs provide early detection and appropriate intervention to reduce levels of depression, anxiety and stress, as well as other risk factors.

Optimum’s Managing Director, Dr Graeme Wright says “using our real-time data and strategic insights to identify at-risk populations before performance becomes an issue, can be game changing. It has the potential to improve business efficiency, save money, mitigate risks and positively change lives.”

Does your organisation have what it needs to assess and support the health, wellbeing and psychosocial needs of your workforce? In this constantly changing environment, businesses need to remain productive and competitive, while supporting their employees. “Through the use of our risk assessments and analytic insights, companies are building a stronger workforce by anticipating problems before they happen and protecting employees mental and physical wellbeing” says Dr Wright.

Optimum works with national and state-based clients. Optimum specialises in working with business to mitigate their risks in the workplace. To understand your company’s unique risks and opportunities, contact the Optimum team at admin@optimumhms.com.au or visit www.optimumhms.com.au



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