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How can employers promote mental health at work?

Mental wellbeing is integral to the health and functioning of the workforce, the compromise of which can have serious social and financial ramifications - but what actions can employers take to promote mental wellbeing?  

Why do we need to take mental wellbeing as seriously as physical health at work?

Physical and mental health are equal partners in the maintenance of wellbeing. However, the value of promoting mental wellbeing is often overlooked in the workplace.