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To meet the market shift of the mental health revolution, advisors can work with employers’ HR leaders to identify where employees are struggling and create the right benefit mix.

Signs of a growing mental health crisis are everywhere. Call it burnout, malaise or chronic stress—employees of all ages across roles and industries are feeling it. According to recent research by Gallup, mental health and emotional well-being have plunged to their lowest levels since 2001. Another study charted a 50% rise in depression and a 60% drop in focus among all ages in the workplace at the start of the year.

While it’s tempting to see this crisis as connected to the pandemic, economic recession and other stressors of 2020, it isn’t just that. In fact, mental health at work was called one of the most far-reaching workplace issues of 2019—well before COVID.

 

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