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Enabling wellbeing for Canadian accounting professionals during Mental Health Week

May 5, 2020

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.
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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.

Small habits that make a big impact on wellbeing

There are many small ways you can incorporate these wellbeing habits into your daily routine:

  • Relax and just breathe. Stress levels are high right now. Don’t forget to take breaks during the day to relax and get out of your head.
  • Stay connected. As we all cope with shelter in place, it’s important to stay connected with family and friends. Unwind the work day by hopping on a quick video call with your loved ones, play virtual games, or catch up with old friends.
  • Celebrate your accomplishments. It’s easy to get caught up in current events or business challenges. Take some time to appreciate your personal and professional accomplishments and celebrate your milestones, no matter what they are.
  • Spend time in nature. When you’re feeling cooped up, getting out in nature can do wonders for your mind and body. Just be sure to take the necessary precautions and follow social distancing guidelines.

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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