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.
Work’s Mental – Energising Mental Health at Work Conference
ENERGISING MENTAL HEALTH AT WORK THURSDAY 15 NOVEMBER 2018 10:00 – 16:00 BOOK EARLY BIRD TICKETS NOW – SAVE £50! Book Tickets Here Tickets for our Work’s Mental Conference, run in collaboration with the University of Glasgow and taking place on Thursday 15 November in The Senate Room at the University of Glasgow, are now […]
Work’s Mental Conference – Save the date
Energising Mental Health at Work SAVE THE DATE brought to you by Headtorch and Professor Frank Pollick, psychology department, the University of Glasgow Work’s Mental 2018, the conference you’ve all been waiting for… a distinguished line up of speakers … networking … vibrant discussion … live performance … knowledge sharing 15th November 2018 10 – […]
The Unexpected Life Coach
I thought to myself, ‘call Karen, she’ll know what I should do’. I have thought this phrase so many times over the past 17 years I’ve lost count. Karen is my ‘go to’ person for everything. I don’t know how it started, how she became the first person I call when I need advice. She […]
Angie Strachan has written a letter…. “This poem,” Angie says, “is written as an alternative resignation letter, (although I would not recommend that it is used as a template!) It is about how the work/employee relationship can break down and how creating a mentally healthy culture can be beneficial to the work environment and employee […]
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 […]