HRE soundbite: COVID to ‘affect mental health more than anything that’s ever happened’
During a webinar this week with mental health provider Lyra Health, Morgan Stanley CHRO Jeff Brodsky discussed just how big of a deal the coronavirus pandemic has been for the company, its employees—and the workplace at large.
“While the Great Recession and 9/11 were horrible, [COVID-19] reaches a whole new level, given its global scope and the number of lives that are being impacted by it,” he said. “COVID is going to affect mental health more than anything that’s ever happened.”
In his more than 30 years working in human resources for the financial services firm, Brodsky said, he’s never seen such an impact on workers than the current environment. As a result, the company is stepping up its mental health efforts and will partner with Lyra Health to add more resources for employees. It’s also checking in with employees more regularly and prioritizing wellness. Morgan Stanley joins other companies that are stepping up mental health efforts as a result of the current situation.