There are three aspects to this:
The National Institute for Health and Care Excellence (NICE) estimate that for an organisation with 1,000 employees, the cost of mental ill-health at work is £835,000 a year
How much is it costing your organisation?
NICE also estimate that 30% of these costs can be saved with simple steps – Headtorch can help you with these, and more
In November 2017, The Lancet published a study from the University of New South Wales that found for every £1 that was spent on mental health at work, the return is £9.98 *
The London School of Economics estimate this ratio to be £1 to £9.00
If you don’t take your employees mental health seriously, you could be in breach of the Health & Safety at Work Act, and The Equalities Act.
Don’t get caught out.
It’s the right thing to do.
Employers that prioritise and support mental health across their organisation:
It should be no surprise that companies that are listed as the “Best Places to Work” also tend to be the most profitable with high growth levels and stock performance (ref. Fortune Magazine).
The Thriving at Work report published in October 2017 details the benefits that can be realised through a positive mental health culture – see below:
*: The University of New South Wales published a study on the effects of mental health training for managers, and found that for every £1 that was spent, there was a return of £9.98 – see more at the link below –
"I would like to reiterate how well all your training has gone down, I have had lots of positive feedback. You are making a real and big difference!”
Investment Manager, International Fund Managers
We are always happy to answer your questions.
Rip up your band-aids
“Your leg’s broken? Can I get you a sticking plaster? Honestly, I really do care. I want you to be well. I need you to get better. Take the plaster!” Not helpful is it? Yet, in relation to mental health at work, we hear it time and time again. Businesses rushing in to deliver […]
Ted Talk: Randal Charlton – Failure & Confidence
Randal Charlton presenting at Tedx Talk Detroit 2011 – “tell the truth and it will set you free”. Our good friend Randal talks confidence, failure, personal tragedy, and the fight back. An amazing story of strength, wellbeing and mental health.
How to manage mental health in a time of uncertainty
…if you’ve not read it yet, you can now, get a copy of Personnel Today (20th March) to read Amy McDonald’s article.
Dr Linda Craig: On Self-harm
TW #triggerwarning This blog contains discussion of sensitive issues. Each year in early March, mental health organisations around the United Kingdom work to promote awareness of self-harm and reduce the stigma around it that can prevent individuals seeking support. Self-harm is a broad term which refers to a person deliberately causing harm or injury to […]
Take 5 sugars in your coffee!
I used to give myself ‘eating rules’ – ‘Only fruit for lunch!’ ‘One sweet thing per day!’ ‘…and not before 4 o’clock!’ Both bulimia and anorexia played their parts. I saw a doctor, an unforgettable experience. “How much are you eating? How often are you eating? Do you take sugar in your coffee?” “No,” I […]