On Wellbeing for Law & Finance

Discover the benefits of the On Wellbeing mental health app-based platform for businesses and why you should invest in initiatives to support employee wellbeing.

On Wellbeing for Law & Finance

Mental health affects law and finance professionals, with almost half of those in the legal sector saying they feel that mental health problems are at a crisis level,2 and more than half of accountants suffering from stress and burnout.3 Over 66% of legal professionals believe their time in the sector has been detrimental to their mental health, suggesting they aren’t receiving the support they need.1

Supporting mental wellbeing in law and finance should be an industry standard, not an afterthought. It’s up to businesses in the sector to offer mental wellbeing support that addresses the most common issues faced by professionals, from accountants and auditors to solicitors and barristers.

Discover how the On Wellbeing app-based platform can guide law and financial services employees on their mental wellbeing journey and create a happier, healthier workforce with better mental health literacy.

71% of lawyers report suffering from anxiety2, and 88% of worldwide professionals say increased working hours caused by ‘existential’ skills shortages are ‘significantly’ harming their mental health, work-life balance and stress levels3.

Prioritising mental wellbeing helps create a supportive environment where law and finance professionals can thrive, rather than feeling weighed down by workloads, pressure and burnout.

Equipping individuals with the tools they need to control feelings of anxiety and pressure enhances workforce happiness and offers a renewed sense of engagement and motivation.

What our clients say

Mental health in the law & financial services industries

Employees and businesses in the law and finance sectors are affected by the prevalence of poor mental health. Prioritising support for employee mental wellbeing can counteract harm commonly caused by a lack of education, understanding and open discussion about the challenges many face.

How it affects businesses

Mental health challenges are reported to cost large law firms millions of pounds, with 46% considering leaving or having left due to mental health, burnout or stress.1 Meanwhile, accountancy businesses experience an annual turnover rate of 13.4%, which is almost 4% higher than the average in other industries.4

Firms with unsatisfied, overworked and overwhelmed employees are more likely to experience low productivity, retention and employee satisfaction. Without the right support, businesses of all scales and sizes across industries can begin to feel the financial consequences.

How it affects employees

Research shows that billable hour pressures, client demands and feeling unable to switch off are the biggest causes of poor mental wellbeing.2 Employees in these sectors face strict deadlines, high expectations and considerable demands, which create barriers to accessing the mental wellbeing support they need.

Many professionals in law and finance are among the least likely to discuss any mental health issues at work. Even when workplaces offer mental wellbeing initiatives and opportunities, participation remains low, which is why a proactive solution is needed.

How On Wellbeing can help to improve law & finance employee mental health

Skills-based mental health literacy

We focus on improving mental health literacy through engaging, gamified learning tailored to busy law and finance professionals. With our interactive approach, individuals can understand, manage and improve their mental health – and develop a healthier work-life balance. Stress is one of the biggest factors affecting mental health for these employees, so our tools focus on empowering teams to manage stress, improve coping mechanisms and boost overall wellbeing.

Blend of digital and human support

Our platform is more than just an app, we bring human support to the mix, too. Users can access everything offered by On Wellbeing at their own pace, including digital support, workshops and seminars. We combine existing company initiatives with our learning hub to help employees, whatever challenges they experience.

Personalised approach

Personalisation is at On Wellbeing’s core. We’re not just an out-of-the-box mental wellbeing app. Our content is tailored to the diverse needs of professionals in the industry, ensuring inclusivity and relevancy for the different issues faced. No matter where individuals are in their mental health journey, our approach meets them there.

On Wellbeing for Law & Finance

On Wellbeing transforms burnt-out employees and unproductive teams into an engaged and satisfied workforce. We provide science-backed tools needed to shape a proactive mental wellbeing strategy, creating positive changes with support focused on action and education. We help eliminate harmful stigmas and build a better understanding of mental wellbeing, focusing on what’s needed for different individuals.

Improved employee mental health and reduced stigma, especially in law and finance where professionals are less inclined to discuss mental wellbeing challenges, leads to enhanced focus, higher performance and fewer errors. A proactive approach to mental health also helps to reduce absenteeism, burnout, high turnover and low performance. Employees benefit from better wellbeing and positive workplace culture, while the wider organisation benefits from a more efficient and harmonious operation.

What our clients say

Tips from our toolbox

Did you know…

Micromanaging your work time can be stressful and counterproductive. Try and have just a couple of challenges you need to tackle in any day and let the other things on your list be for completion throughout the week.

Get in touch

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