CEO pay should be linked to staff mental health

Posted on October 26, 2016

Beyond Blue chairman Jeff Kennett has called for the performance bonuses of chief executives to be partially linked to the mental wellbeing of their employees.

In a speech to the Business Council of Australia’s Mentally Healthy Workplaces Discussion, Kennett argued for a rigorous approach to measuring and addressing workplace mental health that was led from the top.

“The issue of mental health isn’t just a workplace issue – but if we get it right in our workplaces there’ll be a ripple effect,” said Kennett.

Kennett also argued that making the mental health of employees one of the annual key performance indicators (KPI) of private-sector executives and government department heads would boost overall profit and staff productivity.

“It’s important that psychological safety is taken as seriously as physical workplace safety and that businesses take practical steps to improve workplace wellbeing, organisational culture and workplace bullying.

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Category(s):Workplace Issues

Source material from HC Online