There are 17.9 million absence days lost a year in the U.K. due to stress, anxiety or depression*. The average cost of poor mental health is £1205 for the private sector and £1551 for the public sector***. This accounts for absences and reduced productivity due to presenteeism.
These costs increase further if an employee leaves and you have more lost productivity, recruitment and new employee training to factor in.
The pandemic has forced organisations to examine their approach to employee wellbeing. The CIPD's Health and Wellbeing at Work report for 2021 shows that 45% of employees say their mental health is worse now than when the pandemic started. Unfortunately, 20% of organisations have not taken steps to reduce employee stress.
We have some way to go, but with 84% of organisations observing presenteeism in this past year, the mental health time bomb is ticking for many organisations.
1 in 4 people don't disclose a mental health issue at work, as they feel there isn't support or guidance for doing so.
Added Value: Mental Health as a Workplace Asset Report, Mental Health Foundation and Unum, 2016.
How do I know if my employee is stressed?
Business benefits for your workplace include:
"This is a business productivity issue which should be dealt with alongside other health and safety considerations. Creating a positive environment for mental health demonstrably costs less than failing to do so."
Nigel Carrington, Vice Chancellor, University of Arts, London.
Personal coaching for your employees will:
We'll have honest conversations about personal issues. Employees will be asked to commit to the coaching process and sessions. We'll discuss what career goals they want to achieve, their strengths and weaknesses, obstacles that currently hinder them (e.g. stress, anxiety or depression) and how they can overcome them.
Everything said and written between the employee and I is kept confidential and is stored securely. This is essential to build trust. Paper files are kept securely and digital files and communications are securely encrypted. I have a non-disclosure agreement available to protect the confidentiality of your organisation.
In the Thriving at Work report commissioned by the UK Government, researchers Deloitte suggested that for every £1 employers invest in mental health interventions, £1.50 - £9 could be generated as a result.
The cost of poor mental health to the UK economy is £99bn.
£42bn of that is borne by employers.
Thriving at Work Report, October 2017.
Employees also get free access to the Lifeswitch Coaching App. This contains a variety of tools and exercises to support their progress, covering areas such as understanding yourself, goal-setting, reducing stress, time management, problem solving and managing anxiety and depression.
Employees can use their laptop, phone or tablet to submit exercises.
The advantages of using coaching tools:
Susanne McCabe is a Mum to three children. Whilst working part-time and experiencing serious illness within her family, Susanne experienced a long period off work with chronic fatigue. During this time, she re-examined her life and focused on reducing her stress and finding a fulfilling life based on her values and goals.
In 2009, Susanne became an ICT Specialist with an enterprise company. This involved advising SMEs on how to generate business growth and reduce costs through ICT. She quickly built positive relationships and gained a reputation for her enthusiasm and client focus. It's these skills, experience and her caring, non-judgemental attitude that will help your employees overcome their stress and realise their potential.
Find out more about Susanne on LinkedIn.
"The coaching sessions were not what I expected, they were much better. Susanne steered me through some tough, thought-provoking exercises with care and consideration. With her help, I managed to look at things objectively and realistically. I could not have asked for more or better guidance."
M McDougall, Glasgow
*Work-related stress, anxiety or depression statistics in Great Britain, HSE, 2020.
** Health and Wellbeing at Work, CIPD, 2021.
***2017 UK Thriving at Work Report, Deloitte.