Understanding workplace psychological risks and their consequences is crucial for fostering a safe work environment. Currently, there is no comprehensive instrument available that simultaneously measures both the risks and consequences. This paper introduces the Psychological Health and Safety Index Survey (PHSI-S) which is informed by ISO 45003 and the National Standard of Canada for Psychological Health and Safety in the Workplace. A study was conducted on a sample of employees, and the results of the instrument is indeed promising. Out of six postulated independent-dependent relationship pairs, two combinations showed a particular high fit. Out of the six tested relationship pairs, all six combinations showed a moderate to high positive direction of the linear relationship between them. The anticipated relationships among the constructs appeared theoretically sound, hence promising. Preliminary norms had been established for its application. Read the full article at: https://bit.ly/4eDTAB4