Professional Adviser - Mental health costs employers up to £42bn a year, report finds

The stigma around mental health and the challenges of dealing with mental health problems in the workplace cost employers between £33bn and £42bn each year, according to a government-commissioned independent report.

The Stevenson/Farmer review of mental health found the substantial cost to employers nationwide was borne out of "presenteeism" - when individuals are less productive at work - as well as the cost of sickness absence and staff turnover.

It found one-in-seven (15%) employees have symptoms of an existing mental health condition, with 300,000 people leaving their jobs each year because of it.

Please click here to view the full article.

Benefits of membership:

A STAKE IN POLICY

The opportunity to influence group risk policymaking.

VALUE BY ASSOCIATION

GRiD is a respected voice in the protection sector – as such, membership enhances the status of member organisations.

ACCESS TO EXCLUSIVE INFORMATION

Privileged access to output from the various working groups, including consultation responses, regulatory updates, employer research and pan industry claims data. GRiD members also gain exclusive access to industry speakers at member meetings.

Please enter your details:

Who are you?
Who are you?
- Employer
- Journalist
- Group risk professional (non-member)
- GRID member
- Trade body/Employer body
- Other interested party
First name
Last name
Company name
Role
Telephone
Email address
I agree to GRiD's Terms & Conditions and have read and understood GRiD's Privacy Policy
Only fill in if you are not human

Already a member? Please login.