UK cost of Mental Ill Health and Substance Abuse

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….

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.

email your contact name and number to: –

exboozehound@icloud.com