Michael Parsonage and Geena Saini
5 September 2017
In this update to our figures from 10 years ago, this report highlights that mental health problems in the UK workforce cost employers almost £35 billion last year.
The updated figures highlight that the overall costs are broken down into:
- £10.6 billion in sickness absence;
- £21.2 billion in reduced productivity at work, or ‘presenteeism’
- £3.1 billion in replacing staff who leave their jobs because of their mental health.
Every organisation across the country is affected by mental health problems in the workforce. These figures indicate a crucial need for them to create healthy work environments and properly support those employees experiencing mental health problems. To do otherwise will undermine not only the wellbeing and happiness of employees, but the wealth of businesses and the health of society.