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 –
We are always happy to answer your questions.
Imagine a business world where…
Imagine a business world where… people have a sense of purpose, where they genuinely support each other in a culture where colleagues care. Perhaps you’re lucky and this description mirrors your organisation? If so, I’d love to hear from you – how successful is your workplace? Is it falling by the way-side because people and […]
Happy Christmas – watch out here comes Chelsie!
Event of the month – Join us for a Day at the Derby
Well actually it’s not a day at the Derby, it’s a half day in Ripley which is near Derby and the event, the Regional Disability Roundtable organised and hosted by the amazing Becky Brooks and the Employer’s Network for Equality & Inclusion. What’s more the event has nothing to do with horses but there will be… goats! Amy McDonald […]
Headtorch aware – open event
Mental Health at Work for Managers 19 March 2020 13:00 – 16:30 (register from 12.45) kindly hosted by Eagle Building, 19 Rose St, Edinburgh EH2 2PR This is The Open Event for you you will develop knowledge, understanding and awareness of how to support mental health at work OUTSTANDING VALUE share your knowledge, […]
Who C.A.R.E.S? creating a mentally healthy culture – 16 May
Headtorch is delighted the Clydesdale Bank is hosting a very special event: Who C.A.R.E.S? creating a mentally healthy culture 40 St Vincent Place, Glasgow, G1 2HL 17:30 – 19:00 16th MAY 2019 Get engaged with this FREE event for mental health awareness week see the schedule here Places are limited – BOOK HERE NOW