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Check out highlights from our latest In the Know with iO session on how organizations can utilize wellbeing and resilience to lead transformative positive change.

As we acclimate to our new normal in this somewhat “post-COVID-19-yet-still-dealing-with-the-virus” world, and as life is seemingly coming back to as it was, with heavy travel, in-person events, and employees returning to the office, we wanted to take a pause and ask: What just happened? How has this mass trauma affected us all as individuals? In the workplace? In honor of World Mental Health Day (October 10th), we sat down with leading experts from our very own SAP.iO Foundries graduate and SAP Store Partner , meQuilibrium (meQ) to learn about the impact the past few years has had on us. We had a lively discussion with Dr. Brad Smith (Chief Science Officer), Dr. Adam Perlman (Co-Founder and Chief Medical Officer), and Dr. Andrew Shatté, (Co-Founder and Chief Knowledge Officer) who discussed how organizations are ensuring positive mental well-being and resilience for their employees in the workplace; how to build cultures of psychological safety at work; and how to unlock meQ data to make the case for investment in employee resilience and well-being.

The impact of trauma on our minds, bodies, and in the workplace

Trauma is very different from adversity, and although we turned the corner on the pandemic, we did not turn the corner on spikes in depression and anxiety. Although it seems that we are coming out of the trauma and are at the tail-end of this saga and are trying to transition back into our own lives, we are seeing an uptick in emotional and physical issues, from fear, anger, and obsessive-compulsive tendencies, to increased risk of heart disease, gastro-intestinal issues, and sleep disturbance, which often occur when we are coming through the end of a traumatic event. In the workplace, we are seeing increases in burnout, loss of motivation and engagement, as well as rises in mental health challenges such as depression and anxiety, all of which negatively affect employee productivity and engagement, and significantly contribute to the company’s costs and business ability to stay competitive in a rapidly changing market.

”The average person with depression misses 12% of workdays a year.” — The economic burden of adults with major depressive disorder in the United States (2005 and 2010)

The most powerful protector against diminished well-being at work? Your manager!

While the impact of this trauma can spark feelings of hopelessness, there is good news for employees near and far. In meQ’s latest Pulse Check survey — a quarterly survey with meQ members tracing well-being (Psychological Safety + Employee Wellbeing: A 2022 meQ Member Research Report), they have found that employees who feel well supported by their employer have dramatically different outcomes than those who don’t.

Manager checklist to ensure positive well-being for your employees:

● Communicate early and often

● Encourage risk-taking (good for innovation and transformation)

● Look out for your employees’ wellbeing through check-ins, reach outs, creating the space to connect

● Communicate a clear and flexible work arrangement

Psychological safety was 30% higher for employees who felt like their managers were looking out for their wellbeing — Psychological Safety + Employee Wellbeing: A 2022 meQ Member Research Report

A top tip for employers from our experts at meQ? Focus on the bell-shape of the curve. Do not put all of your resources toward those who are really suffering in lieu of supporting those who are on the edge of tipping over. Develop a parallel approach to provide access to resources for those who need it, while understanding the best way to support others struggling in their own way.

Building a company culture of psychological safety

Just because a company has a certain type of culture today, doesn’t mean it has to stay that way down the line. Both the literature and meQ’s research show there is a significant overwhelming feeling amongst individuals in the workplace. What is the best way to tackle the challenges we see employees facing in the aftermath of COVID-19? To create a sense of psychological safety for employees. For organizations to help their employees understand what matters most, they must create a culture of psychological safety where they can openly talk about such topics and get clarity by listening, showing appreciating, genuine engagement, and essentially- building a relationship. Through respect, trust, and inclusion, senior leaders can create a culture of psychological safety that embraces wellbeing. This culture will ultimately encourage employees to speak up in respectful ways to managers and create a safe and comfortable space for open communication and feedback, providing employees and managers a sincere way to connect.

How meQ is supporting SAP and SAP customers in their organizational transformations

meQ currently supports SAP APJ region employees as well as various SAP customers in guiding them through their organizational transformations. In their work with SAP employees, meQ has found a misalignment between “the humans in the seats” and the pace of innovation, seeing gaps in growth mindset and growth orientation. SAP is working closely with meQ’s solution and insights from workforce intelligence systems across assessments to utilize meQ on an individual level for coaching employees, but also in a broader way to identify areas where SAP can launch new learning programs and understand on an organizational level the risks and inhibitors standing in the way of a successful transformation. meQ is also currently working with a large Food & Beverage SAP customer with a first-of-its-kind blended learning program with live teaching and digital coaching, that will give the organization common vocabulary to talk about growth mindset, resilience, transformation, and give tools on the team-level for better working toward goals.

Leveraging data to make the case for your employee mental health investment

Today, the goals of the CHRO and the CFO are aligned. Lapses in mental health and wellness are costing companies big. According to meQ data, there is an 18% average of less turnover amongst meQ participants compared to non-participants, short-term disability leave lengths are 25–50% less for mental health and non-mental health for meQ participants, and meQ participants see healthcare costs about $300 per year/per member less than non-participants (CASE STUDY: Health Insurance Company Boosts Employee Wellbeing, Reduces Healthcare Costs in Particip...). In the longer term, investing in employee well-being will greatly impact an organization’s attrition rate and ability to attract high-level talent. Today, the best way to make the case in favor of your mental health investment is through cold-hard facts. Integrate meQ data on participation and resilience with the business outcomes that your CFO cares most about, whether it is healthcare claims, disability costs, turnover rates, etc. Know your stakeholders and what is most important to them, and utilize your data to show its value in a concrete way.

Now is the time to double down on employee wellbeing

According to Dr. Andrew Shatté, when we look at trauma, we generally see the breakdown of its impact on people in thirds: 1/3 of people struggle immensely, 1/3 just barely keep their heads above water and are treading, and 1/3 thrive and grow (Resilience and the Pandemic: The Law of Thirds). We see the same patterns when looking at the corporate world, and have seen companies that despite the trauma are able to grow and evolve their culture and business despite being in the midst of the most challenging moments. There is no doubt: now is the time to double down on employee mental and physical wellbeing. The organizations that recognize this and do so will be those who thrive, grow, and come out of this moment stronger than when they came in.

If you would like to learn more about meQ and their amazing solutions that are creating resilient workforces, click here. Check out meQ’s solution on SAP Store here.

SAP.iO is proud to work with over 70 startups whose solutions are helping organizations create more flexible, engaged workforces and more resilient businesses. Check out our impressive portfolio of Human Capital management startups here.

Looking for more resources to help you leverage your partnership with SAP? Check out the one and only AlumniHub! Do you have any other topics you think would be useful for SAP.iO alums to hear, please let us know here. Last but not least, don’t forget to join our alumni Linkedin group here!

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