The research showed 35% of companies have invested more money in benefits specifically targeting mental health for men since 2021.
Of that group, nearly a quarter (23%) introduced the benefits in the past 12 months, and 12% are still putting support measures in place.
A further 8% plan to offer men’s health support in the next 12 months, while an additional 8% are looking to do so in a year or more’s time.
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Helen Lake, director of men’s health at Peppy, said getting men to be forthcoming with their health issues is the biggest hurdle companies have to overcome.
She said: "One of the main issues when trying to manage men in their health issues is their general unwillingness to seek help. Even when a health matter escalates, they are less likely to access the support they need.
"Not only is this a vicious circle for the health of the individual but it also impacts the business if the member of staff needs time off because a condition has worsened. Dealing with men’s healthcare matters early, via workplace support, counters both of these issues and leads to better health outcomes."
Research carried out by investment firm CCLA in May 2022 found 93% of the UK's largest companies have acknowledged mental health as an important workplace issue, but just a third (34%) have published formal targets and objectives to try and tackle the issue.
Lake added: "We know how disruptive it can be for employers when male employees need to take time away from work because they failed to address a health matter in a timely way.
"Men are under-served in many areas of healthcare, but we are pleased to see so many employers now recognising that the health of their male staff, and their business, can be improved by taking a gender-focused approach."
