Corporate Wellness
Corporate Wellness Belgravia, London
Stress, depression or anxiety and musculoskeletal disorders accounted for the majority of days lost due to work-related ill health during the last working year, On average, each person suffering took around 17.6 days off work. This varies as follows:
- 9.1 days for Injuries
- 20.0 days for Ill-health cases
- 21.6 days for Stress, depression or anxiety
- 18.4 days for Musculoskeletal disorders.
We all know the obvious health and fitness benefits of exercise but regular exercise is so important for mental well-being and battling stress.
Alex Hannaford personal training can offer corporate wellness solutions- whether that be training staff at the office, visiting your workplace for regular health checks visits , or offering corporate packages for onsite training. I can help you to achieve a more productive, healthy workforce.
New analysis by Deloitte, published today in late 2022 finds that poor mental health costs UK employers up to £45 billion each year. This is a rise of 16% since 2016 – an extra £6 billion a year.
The research also looks at how employers can tackle this problem, finding that it pays to support employees’ mental health. On average, for every £1 spent on supporting staff’s mental health, employers get £5 back on their investment in reduced presenteeism, absenteeism and staff turnover.
Analysis from ‘Mental health and employers: the case for refreshing investment’ also looks at how employers can tackle this problem. It shows that higher return on investment can be achieved by early interventions (such as organisation-wide culture change and education, ) than more in-depth support that may be needed at a later stage when a person is struggling.
Rebecca George OBE, Deloitte Vice Chair and UK Public Sector leader said:
“As our ways of working evolve, so do expectations of employers about how we should support our people.
“This analysis shows very clearly that it pays for employers to provide mental health support at work and that early intervention is vital, for those experiencing poor mental health and employers alike.”
Costs driven largely by ‘presenteeism’
The latest research builds on work carried out by Deloitte in 2017 on workplace mental health, which calculated that poor mental health cost UK employers £33-42 billion a year.
Since then, Deloitte has found that there have been positive changes in workplaces, including greater openness in discussing mental and physical health at work in larger employers in particular and more provision of support overall.
However, research also finds that despite this progress, costs continue to climb. This can be attributed largely to a significant rise in mental-health-related ‘presenteeism’, where employees work when they are not at their most productive. Mental-health related absenteeism and staff turnover have also contributed to the costs overall.