MENTAL HEALTH ONLINE
SUMMIT - WHERE'S YOUR HEAD AT?
Watch the video here...
ABOUT THE EVENT
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 equipped 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 included:
Karl Simons (Chair) – Chief Health, Safety and Securities Officer, Thames Water
Elizabeth Hampson - Health and Life Sciences Strategy, Health innovation Director, Deloitte
Dawn Moore – Group People Director, Murphy Group
Catriona Schmolke - Senior Vice President Operational Centers of Excellence – Global - Jacobs
Glen Ridgway, Independent Mental Health Consultant
Topics covered on the day included:
The financial benefits of managing workplace mental health in uncertain times - Elizabeth Hampson
A view from the boardroom: The importance of effective ownership at a senior level of workplace mental health – Catriona Schmolke
Tackling Absenteeism and Presenteeism in the workplace – Dawn Moore
Self isolation and changes in working patterns, the negative and positive effects - Glen Ridgway