Mental ill-health, including stress, depression and anxiety, is through to be responsible for 91 million lost working days each year, more than any other illness*
Mental health problems in the UK workforce cost employers £34.9 billion each year according to research published by the Centre for Mental Health. Research conducted by Deloitte found that the return on investment of workplace mental health interventions is overwhelmingly positive, with an average ROI of 4:1
The largest part of the business cost is in the form of reduced productivity among people who are at work but unwell. This costs businesses twice as much as sickness absence relating to poor mental health. The remainder of the cost relates to turnover.
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‘It makes perfect business sense to keep our colleagues as mentally fit and productive as possible’
The growth in awareness of mental health has proven that mental wellbeing is equally as important as physical health, however mental health can still carry a stigma. By building a wellbeing action plan normalising and supporting mental health from the top down can have hugely positive effects in the workplace.
“ At any one time, one in five working people will have a mental health difficulty. Many will never get any help. Some end up losing their jobs while for others being at work is an important part of recovering from a mental health problem….. Employers that take steps to support mental health at work will benefit from a more productive, happy and loyal workforce. Those that ignore the issue, or who undermine the mental health of their staff, risk not only the health of the people that work for them but the wealth of their business and the health of the economy as a whole.”**
CAL’s workplace wellbeing sessions have a hugely positive impact on mental health in the workplace and can:
– Reduce absenteeism and staff turnover
– Improve productivity
– Improves motivation
– Improves office morale
– Improve overall wellbeing
– improve company profits by saving money
Whether work is causing the health issue or aggravating it, employers have a legal responsibility to help their employees.
** Centre for Mental Health Chief Executive Sarah Hughes