10.0 Conclusion and Recommendations
The well-being and mental health of employees are not secondary issues; they’ve become essential for sustainability to succeed in banking. Financial institutions operate in a fast-paced and demanding environment. Hence, understanding and prioritizing the mental health of their workforces has become a business necessity. In this blog, we studied the various factors that influence employee engagement, such as leadership, management practices, monitoring tools, and culture. This last part gives a straightforward summary of the important takeaways, ways in which the banks can implement it, and the benefits of investing in the employees. Key Insights Leadership and management are critical influencers of workplace well-being. Supportive leadership allows for psychological safety and trust while reducing burnout. Using these tools will help organizations keep a finger on the pulse of mental health and take action early. (Gallup, 2023; Microsoft, 2023). In addition to that, feedback...