12th May 2020
In times of self isolation and extreme uncertainty surrounding the Coronavirus, the nation’s mental health is under more pressure than ever.
Mental Health should not be a millstone around the necks of employers but instead be something that with effective management can lead to considerable business benefits.
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 Deloitte’s ‘Mental health and employers: refreshing the case for 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.
The online summit will also equip industry leaders of organisations, irrespective of their size, with the tools to effectively manage issues around poor workplace mental health and stress by allowing them to effectively engage with experts. Speakers on the day will Include:
Karl Simons – Chief Health, Safety and Securities Officer, Thames Water
As a relentless campaigner to improve mental health in the workplace, Karl will be drawing upon his own experience to act as chair for the online summit
Elizabeth Hampson - Health and Life Sciences Strategy, Health innovation Director, Deloitte.
As one of the leads in the recent Deloitte study into the costs of Workplace Mental Health, Elizabeth will focus on the financial benefits of managing workplace mental health in uncertain times.
Catriona Schmolke - Senior Vice President Operational Centers of Excellence, Global - Jacobs.
In a presentation entitled 'A view from the boardroom', Catriona will be outlining the importance of effective ownership at a senior level of workplace mental health.
Dawn Moore – Group People Director, Murphy Group
Speaking from a HR perspective, Dawn’s presentation will tackle the subject area of Absenteeism and Presenteeism in the workplace, especially in times of crisis.
Glen Ridgway, Independent Mental Health Consultant
As somebody with lived experience of mental health, Glen will be speaking about self isolation and changes in working patterns, the negative and positive effects.
Who should attend:
Senior leaders from within the industry with a vested financial interest in the better management of the workforce, including:
● Managing Directors
● HR Directors
● Health and Safety Professionals
● Anyone with a responsibility for managing people.
This should include private sector contractors and consultants, national and local highways and transport organisations, local authorities and any other company working directly or indirectly within the highways and transport sector.