Workplace mental ill-health costing United Kingdom firms £42bn

Adjust Comment Print

According to a major independent review of workplace mental health by Lord Dennis Stevenson and Paul Farmer, commissioned by Theresa May, one in six employees are battling mental health issues. Not only is there a big human cost of poor mental health at work but the authors estimate that employers are now losing £42billion each year due to staff suffering from mental health problems and being less productive, less effective, or off sick, while the annual cost to the United Kingdom economy as a whole is up to £99 billion.

"The UK can ill-afford the productivity cost of this poor mental health". Following this, CQC will make full recommendations to encourage improvement in the mental health system for children and young when we publish our thematic review in March 2018.

The Government has now announced both the Civil Service and the National Health Service - two of the largest United Kingdom employers - will abide by the report's recommendations.

"It's time for every employer to recognise their responsibilities and affect change, so that the United Kingdom becomes a world leader in workplace wellbeing for all staff and in supporting people with mental health problems to thrive at work", says Lord Stevenson.

The report reveals that the United Kingdom is facing a mental health challenge in the workplace that is much larger than had previously been thought.

More news: Economic growth strengthens in third quarter to growth of 0.4%

Unfortunately, regardless of the level of support given, employees who are sick or absent can have a significant impact on their colleagues and employer's business.

These recommendations are based on best practice or evidence, and the authors state there is a "pressing need" for more robust evidence about what works to support improved mental health at work. For some, this is a short-term problem and they can continue at work, or return to work after sickness absence, with appropriate support. The Five Year Forward View for Mental Health sets out plans to improve access to high quality care close to home and more money has been allocated to develop these vital services.

Whether the person has a disability and, if so, whether there are any reasonable adjustments that should be made.

Most of the media led with headlines stating that 300,000 people with long-term mental health conditions leave work each year - twice the rate of those without mental health conditions.

The administrative costs that might be incurred by keeping the employee on the books.