Mental health delivers BIG business benefits

Generating well-being in business is at the heart of Birch Cove.

We believe wholeheartedly that when businesses focus on well-being they drive greater revenues and achieve higher performance.

We work with businesses to help them dive into well-being, understand it, measure it, and implement activities and programs that will boost well-being for the business ecosystem - from employees, to clients, to vendors and partners, and to the community around them.

One of the first questions every business asks is. “What’s the ROI on well-being?”

It’s like health insurance we say, once upon time, not one business in America provided health insurance. It wasn’t viewed as important or necessary. Then as Malcolm Gladwell coined the term, the tipping point came. Every business, along with the required regulation, had to offer healthcare for employees. Why? It made business sense to do so, productivity improved, loyalty changed, shareholders liked it, businesses grew. It was viewed and experienced to have positive impact. Give people benefits to help them when they are sick, give them some preventative care measures too and it contributes to a stronger business model. As we know, healthcare is a big and lucrative business today.

Well-being is the same, we are still a little early for businesses to truly believe well-being matters. There is a lot of talk about it out there, a lot of words used, while the implementation of true well-being in business is still low.

However, it’s gradually changing.

Articles like this help, Tracy Brower writes in this Forbes article “Mental Health Delivers Big Business Benefits: 3 Strategies For Success“ about how businesses experience huge benefits when they focus on supporting mental health well-being, and Tracy outlines three strategies for success.

Birch Cove helps businesses implement these strategies.

Tracy writes “Starting with the big picture, employee mental health costs the economy at least as much as physical health, according to a study by Penn State, published in the Review of Regional Studies. Specifically, a single extra poor mental health day in a month was associated with a 1.84% drop in the per capita real income growth rate, resulting in $53 billion less total income each year“

Need more reasons to invest in business well-being? Drop us a line, we’d love to chat. Contact us.

Be well, live intentionally

Birch Cove is not a medical or therapy based business, we do not offer guarantees of any kind. We are not responsible for the well-being of businesses or individuals that read, watch, or hear our content, or take part in sessions, or use our services or the services we highlight. Individuals are responsible and accountable for their own well-being. Birch Cove and our Collective members are not responsible for the physical and mental health and well-being of individuals we interact with directly or indirectly. We work to share best practices that inspire healthy living and revitalize a quality of life.