Behavioral & mental health companies offer digital programs for conditions like depression, anxiety disorders, and addiction.
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List of the top 41 Behavioral Health & Mental Well-being Companies in Shortlister as of December 2023, presented in the order they appear in the full Vendor Listing tab.
Employers can provide various mental healthcare benefits, such as wellness benefits, traditional therapy, employee assistance programs (EAPs), text-based apps, or telehealth consulting. Wellness benefits can include educational workshops, screenings, PTO, mental health days, on-site massage, yoga, and volunteer days. These benefits allow employees to take time off and manage stress, intense emotions, or negative thoughts. Traditional therapy can empower employees with new insights into their thoughts and relationships, improve their communication skills, teach them strategies to manage stress and educate them about healthy choices. Employee assistance programs (EAPs) cover a wide range of services that offer employees help with everything from anxiety, substance abuse, and grief to financial issues, childcare, and housing.
Mental health is essential for employees to thrive both personally and professionally. Basic care for employees’ psychological well-being is a fundamental expectation for today’s competitive and successful businesses. One in five adults in the US will experience mental illness each year, and only one in three who need help will receive it. Equipping workers to manage daily stress and handle the inevitable challenges that affect their mental health is critical for retaining and engaging top talent. Employees with good mental health can focus on their tasks, work effectively with their colleagues, and contribute to their organization's success. In contrast, when employees experience mental health problems, they may struggle to concentrate, experience burnout, or even quit.
Employers have an essential role to play in supporting the mental health of their workforce. Aside from simply offering mental health benefits, it's crucial for employers also to educate their managers and supervisors about the benefits available and encourage employees to access these resources. In addition, employers can take several steps to support their employees' mental health, including educating leaders and managers on mental health awareness, supporting work-life balance, offering flexible work schedules, promoting physical and mental health practices, or implementing equity, diversity, and inclusion training. Ultimately, employers should provide their employees with reasonable options that balance business needs and personal circumstances.
Good mental health in the workplace leads to various benefits for employees and organizations alike. According to the World Health Organization, addressing common mental health issues results in a return of $4 in improved health and productivity for every $1 invested in treating common mental health concerns. Employees with good mental health are more productive, engaged, and committed to their work. They are also more likely to collaborate effectively with their colleagues, be innovative, and take the initiative. Good mental health also fosters a positive workplace culture that is inclusive, welcoming, and psychologically safe. Employees feel supported and valued, which leads to increased job satisfaction, loyalty, and commitment to the organization. Organizations prioritizing mental health also benefit from increased brand reputation, better employee retention, and improved overall productivity.