10:45:36 EDT Thu 28 May 2020
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People Corp
Symbol PEO
Shares Issued 60,918,514
Close 2019-10-09 C$ 9.00
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People advertises People Connect

2019-10-10 08:46 ET - News Release

Mr. Dennis Stewner reports


People Corp. has launched a new mental health and virtual therapy solution, People Connect. According to the Mental Health Commission, over 500,000 employees miss work in any given week, and approximately one in five will face a mental health challenge over the course of their lifetime.

Organizations and employers understand the impact of mental health challenges on absenteeism, drug utilization costs, short- and long-term disability costs, and overall productivity. Collectively the workplace cost is estimated at over $51-billion, annually.

People Connect helps address these challenges by offering a one-stop site with resources and tools for organizations and their employees or members. People Connect includes an information blog, a Diagnostic and Statistical Manual (DSM)-based mental health assessment, virtual live therapy sessions, and psychiatric collaboration.

"We are excited to bring this industry-leading option to our clients and their employees," states Judith Plotkin, vice-president of strategic health solutions. "It was important to include a connection for therapists and psychiatrists to collaborate, as well as an assessment tool based on the DSM, as it is the globally recognized gold standard diagnostic tool for mental health."

"Through our partnership with Inkblot, a leading virtual therapy provider, we have created a truly innovative and proprietary solution for our clients," said Laurie Goldberg, chief executive officer. "People Connect is a solution to help address the financial impact mental health has on the workplace, and more importantly, helps our clients to support their employees and members in living healthier and more productive lives."

"The launch of People Connect is also an example of our commitment to continue creating innovative service delivery options and leading-edge technology solutions to support our administration and consulting practices," added Mr. Goldberg.

Luke Vigeant, CEO and co-founder of Inkblot, commented, "The Inkblot team is proud of the work we are doing in partnership with People Corporation to improve workplace mental health and the lives of employees across Canada."

About People Corp.

People is a national provider of group benefits, group retirement and human resource services. The company has offices across Canada, each led by a team of experts and backed by the resources of a national company that is traded on the TSX-V. The company's industry experts provide uniquely valuable insight while customizing an innovative suite of services to the specific needs of its clients.

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