From mid-February to the end of March this year, CPA Assist, along with Howatt HR Consulting, collected survey information from Alberta CPAs and candidates to understand the mental health of respondents, their resilience and coping methods, and the impact of the CPA Assist program.
The research used the Mental Fitness Index (MFI) to help understand how to drive health, engagement, and productivity by categorizing profiles into compromised, sluggish, surviving, succeeding, and thriving. MFI is grouped into four categories (physical, mental, work, and life). Researchers then assign a mental fitness index score overall and within each of these categories.
From over 450 respondents, results found:
- 1 in 5 Alberta CPA struggles with a mental health issue; which is the same as national average
- Top three mental health issues for CPAs are: anxiety, depression, and post-traumatic stress disorder (PTSD)
- 7% of those who reported a mental health issue did not seek support
- The areas CPAs struggle with the most are physical health (sedentary activity level, water intake, and attitude towards nutrition)
- CPA respondents rate high in the life category (personal relationship, ties to community, similar values with close friends, manage finance, volunteer, and hobbies)
- One alarming statistic: 58% of CPAs experience a major stressor on a daily basis (which could include work, family, or financial stress)
More information on the results and findings can be found in the upcoming issues of CPA Alberta’s Dividends Magazine. And, if you’re interested in learning more, participate in the upcoming CPA Assist Speaker Series with researcher Jesse Adams, MSc, Head of Strategy and Operations with Howatt HR Consulting. Jesse will share research data, including data gathered directly from Alberta CPAs, on the mental health issues facing CPAs today. He will also discuss the role you can play, both individually and as a representative of your organization, in improving well-being.
Wednesday, November 13
Fairmont Hotel Macdonald
7:30 – 9:45 a.m.
Friday, November 15
Hyatt Regency Hotel
7:30 – 9:45 a.m.
Tickets are $30 and registration closes November 4.