New Delhi, October 12, 2023: More than 100 corporations in India have joined forces towards prioritizing the mental well-being of their employees by endorsing the #PledgeForMentalHealth initiative, led by Mpower, an endeavor to tackle mental health issues in India by the Aditya Birla Education Trust under Dr. Neerja Birla.
The significant move by various organisations including Aditya Birla Group companies, ABP Network, Kapiva, Symbiosis Centre for Emotional Well-being, Salaam Mumbai Foundation, Chhatra Sansad, Fulcrum, Goldmedal, Capri Sports emphasises the growing importance of mental health in the corporate sphere.
The initiative started on the occasion on World Mental Health Day is aimed at rallying companies nationwide to focus on their employees' mental well-being by implementing robust mental health policies and interventions within their organizations.
India, with its substantial adolescent and youth population, will maintain one of the world's youngest demographics until 2030, as projected by the UNFPA. As the country's youth enters the workforce, the economic implications of mental health issues can't be ignored. It's estimated that between 2012 and 2030, these issues will cost India an astounding USD 1.03 trillion. The weight of work-related pressures, emerging challenges, and increasing responsibilities places significant burdens, especially on young employees. The relentless pressure to perform, combined with a lack of work-life balance, takes a toll on their well-being.
In addition, the Mpower Mental Health and Wellness Quotient at Workplace 2023 survey, a comprehensive study aimed at understanding mental health challenges faced by employees in various Indian industries, revealed that over 48% of corporate employees are 'at risk' of poor mental health, with a higher prevalence among female employees at 56%. Over 50% of those surveyed strongly agreed that stress significantly affects their work productivity.
Speaking on the initiative, Dr. Neerja Birla, Founder & Chairperson, Mpower (An initiative of Aditya Birla Education Trust) said, “In corporate settings, mental health often lacks the attention and investment it deserves. With 48% of corporate professionals battling mental health issues, it’s crucial for organisations to address this silent crisis directly. It is heartening to see 100+ companies pledge their allegiance to the cause of mental health of their employees by taking the Mpower Mental Health Pledge. Mpower is committed to supporting corporate mental wellness, to help corporations create more inclusive and healthy work environments. As a young nation, prioritizing our workforce's mental health is vital for us. Mpower is committed to supporting corporate mental wellness, forging a more inclusive, supportive work environment. As a young nation, prioritizing our workforce's mental health is vital for our growing economy. The Mental Health Pledge unites the corporate world to create healthier workplaces."
Mpower's #PledgeForMentalHealth initiative serves prompts companies to implement necessary measures for their employees. This includes fostering better employee engagement, offering EAP (Employee Assistance Program) initiatives, and establishing robust policies that encourage and support mental health discussions and interventions.
