How much is mental health costing your business

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Recent research by Deloitte and CIPD in the UK found:

· 1:6 working-age adults have symptoms of mental ill health at any given time

. 18 million working days in UK are lost each year as a direct result of mental ill health

. On average 7-8 days sickness absence per employee/yr for UK businesses

· Mental health costs employers £51 billion/year – a weighted average cost of around £1,700/employee

· 70–75% of people with diagnosable mental illness receive no treatment at all

As these figures continue to rise post-Covid-19 good employers recognise that mental health is an urgent challenge that needs a serious solution. Conditions including depression, anxiety, PTSD and neurodiversity are diagnosable mental illnesses that can impact on people’s ability to be engaged and productive at work. 

Evidence shows that the longer they go untreated, the longer the road to recovery, and the greater the costs through absenteeism and presenteeism (attending work despite poor mental health and so underperforming).

At MPower we can measure and track your return on investment (ROI), currently only 25% of UK Businesses do this, does yours?

*Big Mental Health Report 2024-Mind

*Chartered Institute Professionals and Development Report 2023

*Mental Health NHS England 2024

*Mental Health and Employers-Deloitte 2024