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.
Conversation about mental health at work? Learn to SEW
When it comes to having a conversation, if you’re concerned about someone’s mental health and well-being, it’s about knowing how to SEW. Lots of people avoid having a conversation if they think their colleague is unwell. They think it could be a ‘scary thing’, they think they might say the ‘wrong thing’, they think the […]
The Miracle Has Happened
THIS week is Mental Health Awareness Week, which aims to raise awareness and educate around mental illness. As well as the strong ethical and legal arguments in favour of investing in mental health training, there is an overwhelmingly convincing business case. The London School of Economics estimated in 2011 for every £1 that was spent […]
Headtorch in the News with the Sunday Mirror
Kicking off Mental Health Awareness Week, Headtorch are in the news with the Sunday Mirror. Top tips include getting away from your desk at lunch, talk to somebody and remember to have a laugh! Positive mental health = happy employees. Read the article here 10 Tips to Ease Your Stress
Keeping the Conversation Going
RBS Mental Health Awareness Conference – Live Well Being You On the evening of May 17th Amy McDonald of Headtorch will be presenting at the RBS Mental Health Awareness conference. Amy joins a group of speakers from RBS, CIPD and Prince’s Trust Scotland. The theme of the RBS conference is “Keeping the Conversation Going”, attendees will be […]
HR Network Conference 2018
On Thursday 10th May, Headtorch has a stand a the Annual HR Network Conference which attracts around 350 senior professionals from the world of HR and people development & management in Scotland. Visit us at our stand, we’d like to give you a great cost-free, easy-to-implement fun idea for mental health awareness week. Be sure to […]