Want a bonus? Rather than check your IQ, check your EQ (Emotional Intelligence).
When Beyond Blue Chairman, Jeff Kennett, addressed a forum of senior business executives, he called for performance bonuses of Chief Executives to be partially tied to the mental wellbeing for their employees.
Neuroscientists, studying the impact of stress on the brain, have built a clear case for a new approach to leadership: one that involves a nuanced approach that adapts to the needs of individuals.
Forget ‘feel good’, this is about productivity and results.
According to PwC and Safe Work Australia, mental stress costs Australian businesses more than $10.9 Billion each year. This staggering figure includes time lost from low performance, absenteeism and compensation payments.*
Here’s one way to get over 100% return in your dollar spent. PwC research also highlights that every dollar spent on mental health returns a minimum of $2.30 (up to $5.70 in some industries).
Having a clearer insight into your leaders’ and organisations’ health is the starting point – an effective platform to start with is Bridgeworks’ Organisational & Team Health Check. and exploring your DISC profile or effectiveness as a leader.
Contact us today if you would like a FREE TRIAL of this powerful workplace health diagnostic.