In the fast-paced world of financial services, we know that maintaining your mental health and wellbeing can often be a real challenge. Indeed, the Mortgage Industry Mental Health Charter (MIMHC) Mental Health & Wellbeing Report 2024 revealed some shocking statistics regarding the wellbeing of those working in our industry, such as: • 21% of mortgage industry workers reported that their mental health is poor or of concern, up from 14% in 2023 • 41% rated their mental health as excellent or good, a decrease from 44% in 2023 • 37% said their mental health was satisfactory, down from 41% in 2023 • 62% of respondents worked more than 45 hours per week, an increase from 58% in 2023 • 22% reported not getting enough sleep on any night of the week, up from 18% last year • 30% said their work/life balance had somewhat worsened in the past 12 months, up from 19% Clearly, these statistics highlight the ongoing challenges that those in the mortgage industry are facing regarding mental health and the need for continued support and resources. At Paradigm, we understand the unique pressures faced by financial advisers and are committed to providing the support needed to thrive both personally and professionally. That's why we have launched our brand new Mental Health and Wellbeing Hub, a dedicated space designed to offer a wealth of resources and tools to help you manage stress, improve work-life balance, and enhance your overall wellbeing. You will also be able to learn more about Mental Health First Aiders, the MIMHC and important dates in the mental health calendar that you can get involved in, to raise awareness and open up conversations about mental health and wellbeing. Finally, you can also find details about charities who can provide additional resources and assistance to help you, or someone you know that is struggling, to navigate challenging times. We are often referred to as the ‘Paradigm family’ and this is something we do pride ourselves on; we try to support all of our members wherever possible and offer a community of support. If you are struggling, please do speak to someone – we will be here to help if we can. Here to support you! We invite you to explore our Mental Health and Wellbeing Hub and take advantage of the resources and support available. By prioritising your mental health and wellbeing, you can enhance your overall quality of life and achieve greater success in your career. As always, we hope you find the new hub helpful and if there is anything Paradigm can do to support you, please get in touch. You can call us on 03300 536061, email us on [email protected] or you can request us to call you back by completing the short form here. Introducing Our New Mental Health and Wellbeing Hub 12 MORTGAGE NEWSLETTER Riona Mulherin Director of Marketing & Operations Paradigm
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