The world isn’t completely back to ‘normal’. Some countries still have their borders closed, masks are still compulsory, work from home has come to stay and unfortunately people are still being laid off. These can cause stress, anxiety and depression which affects our mental wellbeing.
What is Mental Health Wellness?
Mental health wellness gives us the ability to make choices and cope with day-to-day stresses. It allows us to be productive and contribute to our networks and communities in meaningful ways. Mental health wellness affects and supports all areas of our lives.
According to WHO, mental health is a “state of well-being in which every individual realizes his or her own potential, can cope with the normal stresses of life, can work productively and fruitfully, and is able to make a contribution to her or his community.”
Impact of Upskilling on Your Mental Health
Upskilling is the process of constantly developing or learning new skills either within your field or another field and can be done through training, certificate courses or other development activities. This can be done individually / independently or can be organised for a workforce by their employer as a development program or strategy.
The reasoning for upskilling is to stay ahead of the game in your industry by staying up to date with the latest trends or technologies in the industry. It makes unemployed individuals, more attractive to employers, for employees, it makes them more attractive to be considered for a higher role and for organisations, it makes them more attractive to clients as they gain more confidence in their capabilities or abilities to deliver. Apart from these and most importantly, upskilling has many positive effects on your mental health and overall happiness.
According to the Mental Health Foundation, about 14.7% of people experience some form of mental health problem at work which is why upskilling is important for the following reasons:
- Increase in Confidence
With improved skills comes an increase in confidence. Constantly improving your knowledge and skills or developing yourself in a particular area increases your self-confidence in your role and your ability to deliver. This reduces stress and anxiety and makes you more efficient at work which leads to a much happier work and personal life.
2. Job security
Upskilling gives you an advantage over other work colleagues or competitors especially in our current economic climate. Gaining the necessary training in your field makes you stand out and places you in a better position for a potential promotion and for an organisation the potential to generate more leads or gain more clients which helps increase your job security. Knowing your job is secure makes you stress-free and happier both in your work life and personal life and helps keep a balanced life.
3. Sense of Achievement / Fulfilment
For people with low self-esteem or imposter syndrome, upskilling is a great way for them to feel a sense of achievement. This will have a great impact on them as they begin to feel more confident in what they do and in general allows them to have more control of their responsibilities. This leads to a better life and better relationships with others.
As a leading provider of real estate finance training and consulting services in the UK, we here at Cambridge Finance have helped professionals navigate the hurdles of the industry and establish their career as real estate finance professionals. And if there’s anything we noticed is that mental health wellness is essential to anyone’s success in career development and vice versa.
We have many courses within real estate financial modelling from debt to investments and commercial valuations which are available both online and in-person. You can find a full list with dates here: https://cambfin.bt-ho.com/calendar
Although our work here at Cambridge Finance is far different from supporting our delegates with their mental health, there is still more to understanding that the outcome of our work in career development can also function as a mental health intervention for some, if not all, we’ve worked with.
Interested in Financial Modelling? Join us on our next course in Real Estate Financial Modelling and learn how to construct discounted cash flow models for senior and mezzanine finance for investment and lending decisions and discounted cash flow models for single & multi-let tenants. Sign up here: https://cambfin.bt-ho.com/training-courses
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Posted on Jun 7, 2023 by Anouk Khan
