The proven power of prioritising employee wellbeing

Mental health is such an important piece of the workplace puzzle. Back in the day, nobody wanted to talk about it, but now we know that how we feel can affect how we work and engage with others. If we don’t take care of ourselves and our staff, it can even end up hurting the business—and this is backed up by stats from all over the world over the past few years:

  • Depression and anxiety cost $1 trillion and resulted in 12 billion lost working days in 2022.
  • 33% of mental health service users in New Zealand avoided applying for jobs due to stigma.
  • NZ$1.85 billion was lost due to work absence, with 22% of workers attending work while unwell in 2020.
  • 64% of NZ organisations reported increased stress in 2020.
  • Safe Work Australia reported a 3% increase in serious claims related to mental health conditions from 2014 to 2021.
  • The average time lost in Australia rose from 18.8 weeks in 2016 to 30.7 in 2020.
  • 3.4 million Australians sought mental health help in 2020.Stats from The World Health Organization, Mental Health Foundation NZ,

In light of all this, we’re excited to be able to offer the Timecloud well-being feature. By partnering with ThinkLadder, we now help people understand their mental state better. When they open up the Timecloud app, your staff can answer a few short questions, dive deeper into how they’re feeling, and receive helpful suggestions to implement in their lives.

Interested in learning more about how Timecloud can reduce stress for businesses? Reach out to our team today to discover how we can help.

Peter Meafou General Manager at Timecloud
Peter Meafou

General Manager
Timecloud