When it comes to driving personal and professional success, fostering a healthy and supportive work environment is key. We see first-hand the pressures faced by candidates and clients alike. From long hours and tight deadlines to the demands of a competitive industry, it’s easy for mental health to take a back seat. On World Mental Health Day, we want to shine a spotlight on an issue that affects us all: workplace wellbeing.
Why workplace wellbeing matters in finance
The finance sector is known for its high-pressure environment. The fast-paced nature of the work, combined with the responsibility of managing significant financial decisions, can lead to stress, anxiety, and burnout. Research shows that employees in high-stress industries are more likely to experience mental health issues such as anxiety and depression, yet mental health remains a topic that many shy away from discussing.
For finance professionals, mental wellbeing isn’t just about coping with stress – it’s about building resilience, maintaining focus, and achieving long-term career satisfaction. Employers who prioritise mental health see the benefits too: improved employee productivity, reduced absenteeism, and a positive workplace culture.
Creating a supportive workplace culture
At NC Associates, we believe that companies can create a workplace culture that actively supports mental health by implementing the following strategies:
- Encouraging open communication
The stigma around mental health often prevents employees from seeking the help they need. Employers can create a safe space by promoting open communication about wellbeing, encouraging team members to speak up without fear of judgement. Leaders should set the tone by being transparent about their own challenges and showing vulnerability. - Promoting work-life balance
For finance professionals, the workload can be unpredictable. However, encouraging work-life balance is essential to long-term wellbeing. Flexible working hours, remote work options, and the opportunity to take time off without guilt can make a huge difference. It’s about trusting employees to manage their time while supporting their need for rest and recuperation. - Providing access to mental health resources
Many organisations now offer Employee Assistance Programmes (EAPs) or access to mental health services. Providing clear information about these resources and encouraging their use can ensure employees feel supported. Wellness programmes, stress management workshops, and mindfulness training are excellent initiatives that can help employees stay mentally fit. - Recognising and rewarding efforts
Financial roles often come with high expectations, and sometimes the hard work goes unnoticed. Recognising employees’ contributions and offering incentives for a job well done can create a more positive work environment. Feeling appreciated boosts morale and motivation, helping reduce stress. - Training leaders to support wellbeing
Leadership plays a critical role in workplace wellbeing. Managers need to be trained to identify signs of burnout, stress, or mental health struggles. Empowering leaders with the tools and knowledge to offer support ensures that employees have someone to turn to when times get tough.
How you can prioritise mental health
While employers play a vital role in promoting workplace wellbeing, individuals must also take responsibility for their mental health. As a finance professional, managing stress and maintaining your wellbeing should be a priority. Here are some tips for candidates to take control of their mental health:
- Set boundaries: It can be tempting to overwork in the fast-paced finance industry, but setting clear boundaries between work and personal time is crucial
- Take breaks: Regular breaks throughout the day, even short ones, can help maintain focus and prevent burnout
- Stay connected: Whether you’re working remotely or in the office, maintaining strong relationships with colleagues and peers provides an essential support network
- Seek professional help: If you’re feeling overwhelmed, don’t hesitate to seek professional advice. Accessing therapy, counselling, or coaching can offer valuable tools to manage stress
Supporting mental health through recruitment
At NC Associates, we understand the importance of mental health in the workplace. When recruiting finance professionals, we take into account not only the skills and qualifications of candidates but also the cultural fit and environment that will allow them to thrive.
For employers, this means building teams that work well together and creating an environment where staff feel valued and supported. For candidates, we ensure that you’re placed in roles where your skills are utilised while keeping mental wellbeing in mind.
At NC Associates, we’re committed to supporting the mental wellbeing of both employers and candidates in the finance sector. Whether you’re looking to build a team that thrives in a positive work environment or seeking a role where your wellbeing is valued, we’re here to help.
Workplace wellbeing isn’t just a one-day conversation—it’s an ongoing commitment. Let’s work together to create healthier, more productive workplaces that benefit everyone.
If you or someone you know is struggling with mental health, here are some helpful resources:
Samaritans
Call: 116 123 (free, 24/7)
Website: www.samaritans.orgMind
Call: 0300 123 3393 (Mon-Fri, 9am-6pm)
Text: 86463
Website: www.mind.org.ukShout (24/7 text support)
Text: 85258
Website: www.giveusashout.orgMental Health Foundation
Website: www.mentalhealth.org.ukRethink Mental Illness
Call: 0808 801 0525 (Mon-Fri, 9:30am-4pm)
Website: www.rethink.orgNHS Mental Health Services
Website: www.nhs.uk/mental-health
