Mental Health Online Summit
Mental health shouldn’t be seen as a cost but an investment by employers who need to consider it a priority in the boardroom. Other subjects to be explored during the webinar include managing workplace stress and dealing with absenteeism and presenteeism as well as a guide to employers’ obligations in how to manage mental health.
Almost two and a half years on from the publishing of the Government’s Thriving at Work report by Lord Dennis Stevenson and Paul Farmer, OBE, new research by Deloitte finds that poor mental health costs UK employers up to £45 billion each year. This is a rise of 16% since 2016 - an extra £6 billion a year.
The research also looks at how employers can tackle this problem, finding that it pays to support employees’ mental health. On average, for every £1 spent on supporting their people’s mental health, employers get £5 back on their investment in reduced presenteeism, absenteeism and staff turnover.
Analysis from Mental health and employers: the case for refreshing investment, also looks at how employers can tackle this problem. It shows that higher return on investment can be achieved by early interventions, such as organisation-wide culture change and education, than more in-depth support that may be needed at a later stage when a person is struggling.
Please add your address to the registration so we can send you one of our Mental Health Reports.