Legal & General is today announcing the launch of its Not A Red Card Awards to celebrate what businesses have developed and implemented regarding best practices around addressing mental health in the workplace.
14 May 2018
Following on from success of last year’s campaign, the FTSE 100 insurer is encouraging employers to both promote and continue to take action to protect the mental wellbeing of their employees by establishing resources and services to help support these initiatives.
The awards are the first time that the Not A Red Card campaign celebrates with employers and their employees in this capacity and will be open to businesses of all sizes, who have demonstrated how they have helped tackle the issue of mental health in the workplace.
The awards will also look to recognise those businesses which exhibit tangible elements that could be shared with other organisations looking to address mental wellbeing in the workplace.
The award categories, which will award organisations and individuals alike for their efforts, will include:
Nigel Wilson, CEO, Legal & General, said: ”Whilst it’s encouraging to see mental health in the workplace becoming a more widely discussed topic, we need to ensure that employers are taking action to provide employees with access to the support they need, when they need it most. The importance of encouraging open, honest discussion around mental health issues cannot be understated, which is why we are calling for employers to take action in addressing mental wellbeing in their own workplaces."
"We are excited to be able to further develop our successful Not a Red Card campaign to tackle the stigma often unfairly associated with to mental health in the workplace, by transforming ideas into action to ensure that businesses are looking for improvements within their own strategies. Our awards provide a unique chance to recognise the organisations and individuals that are helping to lead the discussion and eliminate stigma often associated with mental wellbeing in the workplace.”
The forum also identified five key issues believed to be barriers to open, honest discussions around mental wellbeing at work, including a lack of education and understanding around mental health problems and poor availability of resources to help address mental health. Further information about the findings can be found in the Red Report.
Research from last year’s mental health forum found that nearly half of attendees (48%) didn’t feel their employees would confide in a colleague if they were struggling with their own mental well-being. However, encouragingly, 85% said that they had seen improvements over the past five years with regards to discussing mental health in the workplace.
The inaugural awards will take place at the second Not A Red Card Forum on 30th October 2018.
Established in 1836, Legal & General is one of the UK's leading financial services groups and a major global investor, with over £1.2 trillion in total assets under management* of which a third is international. We also provide powerful asset origination capabilities. Together, these underpin our leading retirement and protection solutions: we are a leading international player in pension risk transfer, in UK and US life insurance, and in UK workplace pensions and retirement income. Through inclusive capitalism, we aim to build a better society by investing in long-term assets that benefit everyone.
*at 31 Dec 2022