Claire Ginnelly: Consulting employers about workplace mental health

'Ignoring mental health will prove costly for employers'

clock • 6 min read

Four tips for advisers facing employers considering their workplace wellbeing strategies

In the face of stigma, we need to talk more about mental health in the workplace and its financial impact on employers and the wider UK economy - it's nothing short of devastating. According to Thriving at Work, the independent review into workplace mental health, ‘the UK faces a significant mental health challenge at work'. Specifically, the report found that poor mental health costs the UK economy between £74 billion and £99 billion a year [1], while the cost to employers is put at between £33 billion and £42 billion [2]. This comprises: Cost of absenteeism: £8 billion Cost o...

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