The UK cost of mental ill health in the workplace is £45 Billion a year
Presenteeism costs UK business £29 Billion a year
Sickness absence costs UK business £7 Billion a year
Stress, depression or anxiety accounts for 44% of all work related mental ill health
Staff turnover costs UK business £8.6 Billion a year
Almost 25% of people have left their job due to mental ill health
31% of staff said they would consider leaving their current role within the next 12 months if stress levels in their organisation did not improve
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
Alcohol and drug abuse costs the UK £21 and £15 Billion respectively
Lost productivity due to alcohol in the UK costs about £7.3 Billion per year
17 Million working days are lost each year in the UK due to alcohol misuse alone
70% of substance abusers are in full time employment
40% of industrial accidents are linked to substance abuse
60% of all poor job performances are linked to substance abuse
The annual cost of drug abuse to businesses is £100 Billion
The above headlines are without doubt shocking and concerning for you, your business and the U.K.
However, the next headline is the important one….
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On average, for every £1 spent on supporting their people’s mental health, employees get £5 back on their investment in reduced presenteeism, absenteeism and staff turnover
Now is the time to invest in your employees, colleagues and business’s future to reduce the costs impact of mental ill health and substance abuse.
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