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How Championing Mental Health At Work Can Save You Money

blog mental health Workplace
At least 1 in 4 people will experience some kind of mental health problem each year, according to the Mental Health Foundation. The mental health crisis has come at a cost to UK businesses as well—research shows 70 million working days are lost each year due to mental health illness, costing employers £33 billion to £42 billion annually. 

By investing in mental health at your workplace, research shows you can achieve a significant ROI. In fact, improved mental health support can generate between £1.50 and £9 for every £1 spent from reduced turnover, fewer illness absences and increased productivity. Follow these guidelines to champion mental health at your workplace and reap the rewards: 

  • Develop mental health awareness among your employees.
  • Encourage conversation about mental health and highlight resources available for those who are struggling, such as a helpline or local support group.
  • Provide your employees with good working conditions, ensuring a healthy work-life balance and opportunities for career growth or personal development.
  • Monitor your employees’ mental health and well-being.

The content of this Profile is of general interest and is not intended to apply to specific circumstances. It does not purport to be a comprehensive analysis of all matters relevant to its subject matter. The content should not, therefore, be regarded as constituting legal advice and not be relied upon as such. In relation to any particular problem which they may have, readers are advised to seek specific advice. Further, the law may have changed since first publication and the reader is cautioned accordingly.
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