Mental Health at Work: The Cost to Business

The UK cost of mental ill health in the workplace each year is

£ 1000000000

Mental health and employers:  Refreshing the case for investment – Deloitte – January 2020

Presenteeism costs UK business each year £29 billion

Poor mental health costs UK employers up to £45bn a year,  with presenteeism taking the biggest toll.

report from Deloitte and mental health charity Mind estimated that presenteeism – defined by the research as staff turning up to work despite being unwell for mental health reasons – cost UK employers between £26bn and £29bn annually through lost productivity.

This was around four times the cost associated with absences owing to mental ill-health, and about three times that associated with mental health-related staff turnover, estimated at £6.8bn and £8.6bn respectively.

British businesses lost an average of 38 working days per employee to physical and mental health related absence and presenteeism in 2019 – added to the start of this year, that makes today, February 21st, the UK’s ‘first productive day'

Vitality’s annual Britain’s Healthiest Workplace study -2020

Sickness absence

The costs UK business each year £7 billion

Stress, depression or anxiety accounted for  44% of all work related mental ill health

 

15.8 millions days of sickness absence caused by mental health issues each year

48% of people said they would be embarrassed when asking for a mental health sick day

 

Centre of Mental Health at Work

Staff Turnover

The costs UK business each year £8.6 billion

Minimising the risk of losing valued employees is another reason to invest in mental health at work.

Almost 25% of people have left their job due to mental health issues.

31% of staff said that they would consider leaving their current role within the next 12 months if stress levels in their organisation did not improve.

Mental health at work: How staff feel

Nearly two thirds of employees say they’d feel more motivated if their employer took action to support mental health and wellbeing.

85% of managers acknowledge that employee wellbeing is their responsibility but only 30% of line managers report that they have received any training

61%

of employees have experienced mental health issues due to work or where work was a related factor

64%

of managers have had to put the interests of their organisation above staff wellbeing at some point

11%

of respondents who disclosed a mental health issue subsequently faced disciplinary action, demotion or dismissal

16%

of employees felt able to disclose a mental health issue to their manager

Mental Health at Work 2018 Report – Seizing the Momentum

''On average, for every £1 spent on supporting their people’s mental health, employers get £5 back on their investment in reduced presenteeism, absenteeism and staff turnover''

Mental health and employers:  Refreshing the case for investment – Deloitte – January 2020

Training for your organisation

We can deliver all our mental health courses and bespoke training to your team in a venue of your choice, or online as a group. We can arrange a package of training places on our public courses. Book booking is an effective and economical way to quickly upskill your workforce.