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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.

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