Is Your Workplace Supporting Mental Health? Mental health issues among employees are increasingly prevalent nowadays. The pressure to perform, tight deadlines, and blurred work-life boundaries can lead to stress, burnout, and anxiety disorders. According to the Mental Health Commission of Canada, mental health problems and illnesses affect about 20% of the population in any given year. Unchecked stress and anxiety can have a profound impact on you, your team's well-being and productivity. Imagine the toll on morale when stress goes unnoticed or unaddressed. Productivity declines as employees struggle to focus, absenteeism rises due to mental health-related leaves, and turnover increases as talented individuals seek more supportive work environments. The hidden costs of untreated mental health issues can erode company culture and hinder growth. We understand that a supportive workplace is crucial for both employee well-being and business success. Our approach to mental health support includes personalized mental health awareness training sessions, and proactive stress management workshops. We work closely with the leadership teams to implement policies that promote work-life balance, reduce stigma around mental health, and foster a culture of empathy and support. Would you like to prioritize mental health in your workplace and empower your team to thrive? Reach out. Together, we can create a healthier, happier workplace where every employee feels valued, seen and supported.

What is your biggest challenge as a fractional executive in securing consistent revenue?

Companies continually search for innovative strategies to enhance performance and achieve superior results in today’s competitive landscape. One often overlooked but crucial area is Human Resources (HR). At Pegasus Evolution, we believe that investing in HR isn’t just a cost—it’s a key driver of business success. 1. Enhanced Employee Engagement What It Means: Engaged employees are more motivated and productive. They are committed to their work and contribute more to the company’s success. Canadian Stat: According to a survey by Gallup, only 30% of Canadian employees are engaged at work. Companies that focus on effective HR practices can significantly increase this number, leading to better performance and lower turnover. How We Help: At Pegasus Evolution, we develop strategies to boost employee engagement through recognition programs and career development opportunities. 2. Improved Recruitment and Retention What It Means: Attracting and keeping top talent is essential for business growth. Effective HR practices ensure you hire the right people and keep them happy. Canadian Stat: A report by Deloitte found that 43% of Canadian companies struggle with talent acquisition and retention. Investing in a strong HR strategy can reduce these issues and save on the costs of hiring and training new employees. Cost Comparison: > Recruitment Costs: The cost of recruiting a new employee can range from 20% to 30% of the employee’s annual salary, including recruitment agency fees, advertising, and onboarding expenses. > Retention Costs: While retention involves ongoing costs like benefits and salary adjustments, retaining an employee is generally more cost-effective. > Replacing Costs: The cost of replacing an employee can be up to 200% of their annual salary, factoring in recruitment, onboarding, and lost productivity. How We Help: We assist companies in creating competitive compensation packages and effective onboarding processes to attract and retain top talent.

Hello fellow fractionals. I wrote a blog post/article called, "The Rise of Fractional Work: A New Era of Employment". Feel free to read it on my site as it's rather long; maybe about a 7-minute read. I honestly cannot believe I'm saying 7 minutes is long but alas, I'm old school. 😉 Anyway, here's the link > https://www.thesavvycmo.com/post/the-rise-of-fractional-work I'm curious if anyone has feedback for me after reading it. I'm totally open to critiques. ~Michelle

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