The Thriving at Work report includes a detailed analysis that explores the significant cost of poor mental health to UK businesses and the economy as a whole. Poor mental health costs employers between £33 billion and £42 billion a year, with an annual cost to the UK economy of between £74 billion and £99 billion. In addition, 300,000 people with a long-term mental health problem lose their jobs each year.
The report makes 40 recommendations for how to support employees to remain at work, including creating an online well-being portal, using digital technology to support workers in the gig economy and employers should be encouraged by legislation to report publicly on their workforce’s mental health.
The most important recommendation is that employers, regardless of size or industry, should adopt mental health core standards and in doing so will ensure ‘breadth’ of change across the UK workforce. The report says employers should:
Earlier this month ACAS published a guide on promoting positive mental health in the workplace:
The step-by-step guide, written for employers and senior managers, explains how employers should approach changing its workplace to promote positive mental health and where to go when further guidance and support are necessary.
Health and well-being in the workplace is important and it would be prudent for employers to consider what they can do to better support all employees, including those with mental health problems to remain in and thrive through work.
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