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How wealth management firms can support employees’ mental health

Employees of wealth management firms who are looking at returning to offices can be supported in a number of ways, particularly with their mental health.

In a new opinion piece published on ifa, JLL Work Dynamics’ accounts managing director Ben Tindale said firms must revise and update their workplace policies to support their employees’ return.

“Creating supportive work environments that help alleviate stress and burnout is more vital than ever, with a third of employees reporting increased pressure when working in the office,” Mr Tindale wrote.

“Building an inclusive environment where employees feel safe is key for today’s workforce. Employees now expect their workplace to be a sympathetic place where they can share their difficulties and concerns.”

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Mr Tindale added that while the flexibility of remote work in achieving a work/life balance is attractive, less than four in 10 feel the same support for healthy routines in the office.

It comes after a survey conducted by YouGov late last year found that one in two finance and insurance workers would hide a mental or physical health condition to avoid being judged or discriminated against.

While 49 per cent of the 1,000 people surveyed said their manager shows little if any genuine concern or empathy for their wellbeing, the number increased to 54 per cent among finance and insurance workers.

Moreover, while 53 per cent of respondents said they would hide a mental or physical health condition to avoid being judged or discriminated against, again this number hit 60 per cent in finance and insurance industries.

Read Mr Tindale’s full opinion piece here.

How wealth management firms can support employees’ mental health
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Neil Griffiths

Neil Griffiths

Neil is the Deputy Editor of the wealth titles, including ifa and InvestorDaily.

Neil is also the host of the ifa show podcast.

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