The Facts

“Mental health has been hidden behind a curtain of stigma and discrimination for too long.”
The World Health Organisation (WHO)

According to the mental health charity Mind, at any one time, at least one in six workers are experiencing common mental health problems, including anxiety and depression. Research studies provide strong evidence that companies with high levels of mental health awareness are more successful. According to research by University of Warwick, addressing wellbeing at work increases productivity by up to 12% . For companies and employers alike, breeding an emotionally inclusive workplace through hiring an in-house trained therapist, translates to: decreased employee turnover, higher productivity linked to lower absenteeism, greater ambassadorship, heightened engagement and an overall destigmatisation of Mental Health in the workforce. According to the global health insurer Bupa which reached out to thousands of senior business leaders, 58% felt opening up about mental health is hard.

The magnitude and burdens of mental Health

450 million

As many as 450 million people suffer from a mental or behavioural disorder. WHO

300 million

The World Health Organisation (WHO) estimates that around 300 million people worldwide have depression

1 million

Nearly 1 million people commit suicide every year.WHO

Oracle partnered with research firm Workplace Intelligence to survey more than 12,000 employees, managers, HR leaders, and C-level executives across 11 countries. The results revealed eye-opening results:

Stressful intersection between work and home life: 35% of remote workers say they’ve been putting in significantly more hours since the pandemic started (10 or more per week) — that’s over 40 extra hours per month!. (Source: Oracle, [email protected] Study 2020)

85%

of people say their mental health issues at work negatively affect their home life.

25%

say they have been burned out from overwork as a result of the COVID-19 pandemic.

76%

believe their company should be doing more to protect the mental health of their workforce

The magnitude and burdens of mental Health

Effective stress management reduces sickness absence costs by up to 20% (StressManagementSociety, 2016)

The consequences of stress-related illnesses cost businesses an estimated $200 to $300 billion a year in lost productivity (HealthAdvocate, 2018)

Absenteeism in the workplace due to depression costs the economy around $23.3 billion per year (APA, 2015)

12.8 million working days are lost in a year due to work-related stress, depression, or anxiety (HSE, 2019)

12% of respondents have called in sick because of job stress (WM)

Workplace stress leads to a 50% increase in voluntary turnover (HBR, 2015)

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