Lithuania: Investing in emotional intelligence to tackle burnout
The mental health of workers is becoming a priority for a growing number of companies. Mindletic is a European project, based in Lithuania, which aims to build resilience to stress, prevent work-related burn-out and reduce the costs that this entails for businesses. Its founder, Ieva Vaitkevičiūtė, defines it as follows:
‘MINDLETIC is a digital emotional intelligence gym where people can train their emotional intelligence individually," she says. "On the company level we give data driven insights from anonymous and aggregated data that is collected from their employees. And through data, they can prevent and predict costs that are related to burnout cases and managed stress."
Over 30% of Europeans say they suffer from work-related anxiety. France tops the league for burnout. According to the Institut national de recherche et de sécurité (INRS), ‘the social cost of occupational stress is estimated at between 2 and 3 billion euros, these figures including expenditure on care, absenteeism, cessation of activity and premature death.
In Vilnius, the start-up 1stdibs.com works with Mindletic. During the pandemic, management realised that is needed to invest in mental health. Employees use the various functions of the platform to assess their energy levels, their emotions, meditate. It pays off, according to Gedas Monginas, the firm's General Manager.
"95% are like using the app," he says. "So I think more and more companies are understanding that having a good work life balance, emotional balance, physical balance, it's like employees are more productive if they're happy. So it's better to invest in your existing employees than like training new people to do the work you need to do in the company."
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