Businesses move to capture lucrative mental wellness market, as more workers face burnout

A LUCRATIVE MARKET

At Project Send, all of their company-related wellness programs are oversubscribed.

Mr. Ng said the skills learned in bouldering help climbers perform under pressure in their daily lives.

In the gym, the different routes are labeled with the corresponding grades, allowing climbers to perform within their abilities.

“(Bouldering) promotes co-working with your colleagues because you come here after work and together you solve something on the wall together. You encourage each other, you encourage each other, and I think that’s a very, very healthy thing. with his colleague,” said Mr. Ng.

In a store on Stanley Street in the Central Business District, the sounds of buzzing and gongs emanate from the SPACE2B meditation studio.

The space offers what are known as sound baths. This involves meditating with the practice accompanied by resonant sounds, some of which are produced by Tibetan singing bowls.

And the study now sees double the interest from companies looking to hire its services, compared to the days before the pandemic.

“We’re getting so many inquiries, so many requests to hold our sessions at the corporate offices, and also for them to come here, and have sessions where they can call colleagues abroad,” said Ms. Christina Nikolovski Low. , founder of the studio.

“CUSTOMERS MUST BE DEMANDING”

As more companies try to cash in on the growing awareness of mental health issues, clinical psychologist Jocelyn Cheng said it’s important to make distinctions.

“In terms of mental wellness, there are good supplements or practices that keep up with the idea of ​​self-care,” he added.

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“Then there is the other aspect, in terms of therapies, which of these are scientifically supported. So I think that’s where the differentiation lies, and it gets a little blurry.”

Determining the scientific benefits of programs, particularly those based on meditation, is not easy, he said, adding that consumers need to be picky.

“I think we can start to see if these programs that are running are accredited in Singapore and if there are any international societies that support them,” he added.

“If you hear terms like mindfulness-based cognitive therapy or stress reduction, you’ll be more certain that these are age-old, evidence-based practices.”

Watch the CNA Leadership Summit live on October 10, 2022 from 1:30pm SGT via cna.asia/leadership-summit.

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