
Last updated: Nov 22, 2023
At Xero, we strive to create a positive environment where everyone feels they belong and that they can do the best work of our lives. We believe that supporting the mental wellbeing of our people and community is an essential component to running a compassionate, successful business. That’s why we’re proud to participate in the Canadian Mental Health Association’s annual Mental Health Week.
For our community of accounting professionals, we recognize the challenges they’re going through to support clients during these difficult times. Earlier this year, we conducted a study that found less than half of Canadian accountants and bookkeepers have daily habits to support their wellbeing. With little to no wellness support structures in place, combined with the onset of COVID-19 that has caused a dramatic 16% drop in Canadians’ mental health, it’s important we not only take the time this week to support one another and prioritize mental wellbeing, but use this as an opportunity to build good ongoing practices.
When asked to name their biggest barrier to caring for their wellbeing. 42% of accounting professionals reported it was not having enough time. However, studies suggest that tiny daily habits that can take as little as 30 seconds can have a positive impact on people’s wellbeing. Not having enough time is a barrier that can be easily conquered.
There are many small ways you can incorporate these wellbeing habits into your daily routine:
No matter what you might be experiencing, it’s important to consider that mental health impacts everyone differently. Our research found people aged 25-34 were struggling the most with their mental health (41.6%). I believe we have a collective ownership and responsibility to work together and support each other. So consider ways you can help your team members build trust and feel comfortable talking about any problems openly. This year’s Mental Health Week calls for us to do exactly that and #GetReal about how we really feel so we don’t go through the motions and miss opportunities to connect with others in a meaningful way.
To join the conversation around Mental Health Week, make sure to follow along at #GetReal and #MentalHealthWeek. For more mental health resources or stories from our partners and small businesses, visit: xero.com/behindsmallbusiness.
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