au iconAU



Accountants top mental health assessments

Accountants have the lowest rates of depression compared to other professional executives across 20 industries, but lag behind on physical health and lifestyle factors, according to a new health benchmarking report.

Accountants top mental health assessments
smsfadviser logo

The inaugural Executive Health Index, released today, examined executive level professionals from over 500 Australian organisations across 20 industries, with data from 30,000 medical assessments used to track the health of each sector.

Accountants placed fourth for overall health based on data from 28 health parameters across four main indices; psychological, medical, physical health and lifestyle factors.

The overall health ranking was topped by the legal, banking, and professional services and consulting industries.

Accounting executives fared the best in psychological health, topping the charts following results from the DASS21 Depression, Anxiety Stress Survey and the Epworth Sleep Questionnaire.

Despite scoring well psychologically, accountants fell behind on lifestyle factors — including exercise levels, nutrition, smoking and alcohol consumption — coming in at seventh, behind bankers and lawyers.

Accountants also fell outside the top five for physical health — consisting of waist measurement, BMI, abdominal strength, lower back and hamstring flexibility, and cardiovascular fitness — coming sixth in the rankings.

Institute of Public Accountants chief executive Andrew Conway, welcomed the findings, saying that accountants had to ensure their own health was being looked after despite the urge to put clients first.

“Accountants have a very important role to monitor the wellbeing of their clients whilst maintaining a close eye on their own wellbeing,” Mr Conway said.

“Taking a proactive approach to health in the workplace is so much more than seeking to improve productivity of your team.

“Providing opportunities for your team to maintain focus on the most important things such as health, wellbeing and family, demonstrates a genuine commitment to the people you work with.”

Executive Health Solutions chief executive, John Hall said overall health contributed to performance and productivity, with the impacts amplified when leaders were affected.

“This index is unique in capturing and comparing data exclusively from an executive group. It allows organisations to see where the risks are and where improvements can be made,” Mr Hall said.

“The accounting sector, for example, did well overall but has room for improvement in nutrition.”


Subscribe to Public Accountant

Receive the latest news, opinion and features directly to your inbox