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Workplace well-being initiatives don't boost employee mental health
(www.newscientist.com)
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And that’s basically it!
In my experience these things are always a box-checking exercise to justify some useless person's job. As others are pointing out, participation can backfire because now the bosses know you have personal problems. (Everyone has personal problems, but formal admission will be punished in our toxic work-always-comes-first culture.)
It's a shame, because such programs administered in good faith could truly help people. But helping workers is never the real objective. It's only for the optics. "Look, we did a thing to address this".