How will Businesses be Affected by Increase in Mental Health Cases?

Posted on 13 April, 2016 by Chris Grigorovsky

A new study from the Organisation for Economic Co-operation and Development shows individuals that suffer from mild to moderate mental illnesses, like anxiety or depression, are twice as likely to be unemployed, with an estimated Cost to UK Economy of £37 Billion a Year.

Stress in the Office

A reported 1 in 4 people in the UK will experience mental health issues every year and Jelf Employee Benefits believes that more work needs to be done in improving the more open culture, so addressing mental health problems is a good thing.

One of the biggest fears amongst sufferers is an employer seeing the condition as a problem.

Jelf believes that the way forward is by having a greater awareness of the role a GP plays and having a positive approach in the workplace regarding mental health.

Technical director for Jelf, Matthew Judge, says that stress is still the biggest contributor to absence, adding that companies which don’t offer many benefits to their employees are more likely to suffer from higher absence rates.

He commented: “Most importantly, those employers that actively encourage utilisation of those benefits, and engender a culture of support, are those that suffer less with employees absent from stress.

“Stress can be difficult to identify but when it’s one of the biggest causes of absence it cannot be ignored.

“April’s Stress Awareness month is a great time for employers to look again at their health and protection policies and make sure they’re making full use of all the support available and their staff know about it.”




Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


Recent Posts

Optimism from the Bank of England’s chief economist

The most expensive commercial properties.

Businesses operating from shared premises will miss out on grants

BA cuts 12,000 jobs, unions hit back

Media Streaming Service See Record Subscriptions

Covid-19 Causes Millions To Claim UK Furlough Scheme

America, Amazon Wants You!

UK Firms Battle To Survive

COVID-19 Grounds EasyJet Fleet

ECB Emergency Fight Back Aganist Covid-19

Aldi’s Expansion Plan

British Steel on the verge of collapse with over 20,000 jobs at risk

Paris watches as flames engulf one of France’s most famous landmarks

Debenhams on the brink of administration as board reject Ashley’s bid

Emmanuel Macron pushes for a new Europe with European Parliament elections on the horizon

Brexit impacts property market

Brexit uncertainty impacts the property market