- More people than ever before are at work with mental health conditions. 15% have symptoms of an existing mental health condition.
- 300,000 employees with a long-term mental health problem lose their jobs each year – it’s a much higher rate than for those with physical health conditions.
- The annual cost to employers is between £33 billion and £42 billion.
- More than half of the cost comes from ‘presenteeism’ – when individuals are less productive because of poor mental health in work plus extra costs from sickness absence and staff turnover.
- The cost of poor mental health to Government is between £24 billion and £27 billion. This includes costs in providing benefits, falls in tax revenue and costs to the NHS.
- The cost of poor mental health to the economy as a whole from lost output is between £74 billion and £99 billion per year.
Facts are from the Government’s Thriving at Work report. Check out how Relate can help in the workplace here.