A total of 65.6% of finance executives in a survey by UK-based job board CV-Library indicate that work is impacting their mental health.
While this is a survey in the UK, finance professionals in many places in Asia usually work long hours and under high pressure and thus the need to be aware of possible impacts on their mental health.
While 51.5% of respondents consider quitting their roles because of mental health issues, 54.5% feel that their employers do not provide enough support, survey results indicate.
Respondents believe their employers could provide the following support:
- reducing pressure to work long hours (61.1%)
- promoting a healthier work-life balance (57.2%)
- allowing employees to take time off when needed (55.6%)
- Referring employees to counselling services (38.9%)
A small proportion of respondents (3%) would feel comfortable talking to their bosses about their mental health issues while 42.2% prefer to speak to medical professionals instead.
Lee Biggins, founder and CEO of CV-Library advised finance executives to raise the issue with their employers.
“The more employees who speak out about their problems, the quicker they can establish change at work. Once people shake the stigma, solutions will follow,” he said.
