Mental health at work: The cost to business

Mental health at work: The cost to business

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

£ 1000000000

Centre of Mental Health, 2017

Presenteeism

The costs UK business each year £21.2 billion

Presenteeism is biggest cost to business for mental ill health the work place.

The term “presenteeism” is used to describe the issue of employees coming into work while not physically or mentally well. This can affect their performance.

The estimated cost of presenteeism per employee £790 *

  • Centre of Mental Health at Work

Presenteeism has in the last 8 years

CIPD Health and well-being at work Report. For more information

Sickness absence

The costs UK business each year £10.6 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

 

The estimated cost of sickness absence per employee £395 *

  • Centre of Mental Health at Work

Staff Turnover

The costs UK business each year £3.1 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.

The estimated cost of staff turnover per employee £115 *

300,000 

with a long-term mental health condition lose their jobs each year

“We don’t have a cap on how many employees are trained in MHFA. So far we have matched the number of physical first aiders... many of our physical first aiders are also Mental Health First Aiders.”

Natasha Gordon
Project Manager in People and Places
Wellcome Trust

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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

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