Measuring the ROI in Mental Health Services for Your Business

Mental health is now responsible for 49%1 of all workplace absences; and one sixth2 of employees are thought to be suffering from a mental health problem at any one time. The impact this is having on businesses bottom line cannot be ignored.

But, mental health is often referred to as the invisible illness, quite often employers are unaware their staff may be suffering until it is too late.

Last year Monitor Deloitte published their second Mental health and employers: The case for investment Report which was a follow up to their first report published in 2017. The reports look to quantify the impact that poor mental health has on the bottom line. They look at a number of factors including absence, presenteeism and leavism.

The updated report makes a positive case for investment in mental health by employers, finding an average return of £5 for every £1 spent, up from the £4 to £1 return identified in 2017.

The report also identifies how new trends in the way we are working are having a negative impact on our mental health. For example to increased use of technology, even before lockdown was creating a culture of ‘always on’, which has been massively exacerbated by the recent challenges the COVID-19 pandemic has placed on home working employees.

To stick your head in the sand and try to ignore the problem is foolish, but sometimes the hardest part is knowing where to start?

BHI can help, call us to find out how our intelligence based audits and technology can give you the information you need about your workforce to implement the right mental health solutions and wellbeing policies that will deliver the ROI you need for your business.