Article - Poor mental health costing UK employers £51bn a year, report reveals

Deloitte research reveals that poor mental health is costing UK employers £51 billion per year, with presenteeism being the largest contributor. The study highlights the impact of mental health issues on employees, particularly working parents, affecting performance and leading to significant financial losses for businesses. The report emphasises the need for businesses to cultivate mentally healthy workplaces, provide targeted support for employees, and invest in mental health programmes to maximise benefits.

Key Points:

• Poor mental health costs UK employers £51 billion annually, with presenteeism being a major factor.
• Concerns about children's mental health among working parents contribute to decreased performance at work.
• Businesses are advised to create mentally healthy workplaces and provide effective mental health support for employees.
• Addressing presenteeism through mandatory time off and improved communication skills can help prevent mental health issues and enhance employee wellbeing.
• Investing in mental health programmes can lead to improved productivity and financial returns for employers.

Poor mental health costing UK employers £51bn a year, report revealsPresenteeism and burnout found to be biggest contributors, with the impact of family members’ ill-health also affecting productivitywww.peoplemanagement.co.uk