Corporate health and wellbeing is suffering because of stress among Australia's workforce, according to the third annual Stress and Wellbeing survey released by the Australian Psychological Society (APS) on November 10.
The study revealed that 75 per cent of Australian workers believe stress is negatively impacting their physical health, while 68 per cent report stress affects their mental health.
APS Executive Director Professor Lyn Littlefield identified a worrying trend in the results of the Stress and Wellbeing survey.
"Since commencing this annual survey in 2011, we've seen a significant decline in workplace wellbeing in just two years," she said.
This deterioration in corporate wellness could potentially be a major factor in slumping workplace productivity and the long term health of employees.
There are many situations that can cause stress to occur in the workplace, but it is often made worse when employees feel they do not have enough support from supervisors or employers at work.
Only 52 per cent of working Australians reported that their employer valued their contribution and cared about their wellbeing while 50 per cent of workers disclosed that their employer does not provide enough support for staff with mental health issues.
Ms Littlefield encourages businesses to use the results from the APS survey to help identify actions that could lead to positive change and improvements to employee satisfaction and wellbeing.
"Organisations that focus on factors linked to psychological health are likely to see a happier, healthier and more productive workforce," Ms Littlefield said.
If you are interested in learning more about how your organisation can support workplace health and wellbeing, speak with the team at HICA today.