There are more working people than unemployed people who die from suicide. According to the Rose Theorem (‘a large number of people at small risk may give rise to more cases of disease than a small number who are at high risk’),
it may be more effective to target the working population (a large number at a lower risk) than the unemployed (a small number at a higher risk).
It is important to cultivate a “mental wellbeing-friendly” working environment. In this aspect, Australia has been doing much better than other countries. Long working hours and lower wages in Hong Kong and other Asian countries have proved to be conducive to generating a high GDP growth with a higher profit margin for businesses. However, it is the mental wellbeing of the employee that is paying a high cost, which has not been factored into our cost-benefit analysis.
The important thing is to make sure the employee can benefit from the economic growth and additional business activities. Engaging the employee in a meaningful way and rewarding them in a tangible manner are very important not only for maintaining good employer and employee relationships, but also for the employees’ wellbeing as well.
Australia is known to be culturally sensitive. Embracing diversity and accommodating difference in the work place is certainly the way to go to make workplaces more conducive to enhancing wellbeing.