What is a psychosocial risk assessment and why get one?

Psychosocial hazards like workplace stress and bullying can severely impact employee wellbeing and productivity. So what exactly is a psychosocial risk assessment, and why is it critical for businesses today?

By Matt Stanton, Clinical Psychologist at Life Matters 

Understanding psychosocial risks

Psychosocial risks are factors in the workplace that affect employees’ psychological health. These include high workloads, unclear job roles, lack of support, and poor workplace culture. Ignoring these risks can lead to mental health issues, absenteeism, and legal liability.

What is a psychosocial risk assessment?

This assessment identifies and evaluates psychosocial hazards in your workplace. It’s part of a legal obligation under Safe Work Australia guidelines and aligns with ISO 45003—the international standard for managing psychological health and safety.

Benefits of conducting assessments

  1. Pinpoints hidden stressors affecting your team.

  2. Enables targeted interventions to improve workplace culture.

  3. Demonstrates commitment to employee wellbeing and legal compliance.

  4. Reduces costs related to mental health claims and turnover.

How the process works

Typically, assessments involve surveys, interviews, and observation. Psychologists interpret results and recommend changes such as workload adjustments, leadership training, or policy updates.

Conclusion

Psychosocial risk assessments are an investment in your people and business resilience. Newcastle organisations that proactively assess and address risks see improved wellbeing and performance.

If you’re interested in learning more about how you can build a mentally healthy organisation beyond implementing an EAP, read our guide Workplace Wellbeing in 2025

 


Life Matters Disclaimer

All content in our article is published for informational purposes only. It is not intended to be a substitute for professional psychological advice and should not be relied on as personal advice. Always seek the guidance of a qualified psychologist with any questions you may have regarding your mental health.  

If you need some support or help – Give us a call or book now.

Matthew Stanton

Matthew is a clinical psychologist with 25 years’ experience who specialises in workplace wellbeing, sleep health, and men’s health.

https://www.lifematters.com.au/matthew-stanton
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