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Many wrongly assume that productivity is synonymous with working hard and long. As per a report in the Wall Street Journal in 2016, the millennial workforce of India works an average of 52 hours per week. And because of this, a staggering 42.5% of people suffer from issues like anxiety and depression. That accounts for every second employee in corporate India. Only 15% of these employees are "productive" enough to produce outcomes favourable for the business.
While mental health disorders are causing significant stress to individuals, it is eventually hampering company productivity as well. The World Health Organization estimates that mental health conditions willresult in an economic loss of 1.03 trillion dollars between 2012 and 2030.
Thus, achieving a psychologically safe workplace is crucial not only for mental health reasons but also from a business perspective. An employee who is under a lot of pressure and stress will not be able to deliver their best performance, thus hampering overall productivity at work.
To combat this, building psychologically safe workplaces goes a long way in boosting productivity. Employees need to believe that they have the space to make mistakes and learn from them, rather than fearfailures in their way. They must be encouraged to take risks, speak their minds, be creative and find innovative solutions to issues. This generates an environment that inspires strategic and critical thinking and builds trust, curiosity and confidence. Employees are motivated, resilient and persistent with their approach and find it easier to overcome challenges in such an environment.
So it all boils down to the organization's efforts to boost productivity among their employees. One of the biggest steps for a business to create psychologically safe spaces is by creating a culture of awareness within the workplace and providing employees with the proper channels of communication to bring their issues forward. 1to1help.net aims to assist organizations with such initiatives in building a psychologically safe workplace. Through counseling, mental health workshops and seminars, organizations can not only educate their employees about mental health issues but also learn ways in which they can alter their processes to encourage a culture of psychological safety at the workplace.
In addition, teamwork and bonding programs can encourage the employees to open up to each other and foster better relationships. With one of the largest and most qualified pools of counselors in India and superior digital platforms to deliver specific care, we are breaking new ground in the domain of building psychologically safe workplaces.