News: Why psychological safety is crucial for employee well-being

Employee Relations

Why psychological safety is crucial for employee well-being

Over 70% of employees perceive a psychologically unsafe workplace as detrimental to their mental health.
Why psychological safety is crucial for employee well-being

Around 94% of employees recognise the indispensability of psychological safety, while 79% of employers prioritise cultivating a safe environment.

According to the findings of a study, 74% of employees believe a psychologically unsafe workplace can harm mental health. The findings of the study further reveal that in-office workers report lower levels of psychological safety compared to hybrid and remote workers, indicating workplace biases, misconduct, and absenteeism as indicators of an unsafe environment.

While 57% of employers are familiar with psychological safety, a minor group of 35% of employees share the same awareness, underscoring the need for increased communication and education.

Workforce aged 26-45 shows the highest recognition at 96%, compared to 86% for those aged 46 and older.  Smaller organisations top the list in recognising psychological safety (98%), followed by medium-sized (95%) and large organisations (88%).

The findings of the study point out that stigma is a major roadblock to open discussions on mental health concerns and biases. Feedback mechanisms and non-discrimination policies are crucial for creating supportive and inclusive workplaces.

Employees recognise leadership and HR departments as responsible for promoting psychological safety, highlighting the importance of behavior and communication training.

To create a conducive environment and prioritise employee well-being, employers have introduced mental health leaves and tweaked work principles. Employees are provided necessary aid through assistance programs that show their commitment to foster a supportive work culture.

The report titled "The Safety Net: Supporting Employee Well-being with Psychological Safety 2023", released by Gi Group Holding India, covered key sectors such as auto, BSFI, consumer durables, FMCG, e-commerce, health, IT/ITES, and retail, spanning organisations of varying sizes.

This research surveyed over 500 employer responders and over a thousand employee respondents across six major cities in India: Bengaluru, Chennai, Kolkata, Mumbai, NCR, and Hyderabad. 

 

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Topics: Employee Relations, Corporate Wellness Programs, #Wellbeing

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