Nearly half of workers have been suffering from mental health issues since the Covid-19 pandemic began, at a significant cost to their well-being and potentially to their employer’s bottom line.
It’s a commonly accepted fact that adults spend roughly one-third of their lives at work.
That’s a significant amount of time, within which we are likely to experience a spectrum of physical and mental health.
According to the World Health Organization, more than 300million people suffer from depression globally
Depression and anxiety cost the global economy an estimated $1 trillion each year in lost productivity.
USA.
Mental health and substance abuse cost US businesses between $80 and $100 billion annually. Another study showed that serious mental illness costs America up to $193.2 billion in lost earnings per year
Depression is thought to count for up to 400 million lost work days annually
UK.
Mental Health problems in the workplace cost the economy approximately £70 billion annually
91 million workdays are lost in the UK due to symptoms of mental illness
AUSTRALIA. (According to the Australian Human Rights Commission report)
A total of 3.2 days per worker are lost each year through workplace stress
Stress-related workers’ compensation claims have doubled in recent years, costing over $10 billion each year
Preliminary research shows that Australian businesses lose over $6.5 billion each year by failing to provide early intervention/treatment for employees with mental health conditions
To find out how the Imperfectly Perfect Campaign is helping International organizations better support the mental wellbeing of their employees, simply email us at info@imperfectlyperfectcampaign.org today and one of the team will get back to you.
