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“Thriving at Work”, a workplace and mental health report by Lord Stevenson and Paul Farmer, published in 2017, estimated the cost of poor mental health in the UK to be between £74billion and £99billion. In the report Deloitte states the cost to UK employers is between £33billion and £42billion, made up from staff turnover, sickness absence and presenteeism.
Taking mental health seriously is fundamental to your duty of care and a vital component of your employee wellbeing strategy.
Mattioli Woods can support your employees’ mental wellbeing through our online platform, MentalWellbeing@MattioliWoods (MW@MW). We support organisations in four areas of best practice: