Today’s report from Beyond Blue about mental health in the workplace, shows that for every dollar that businesses spend on an effective mental health strategy, they get an average $2.30 return on investment (ROI).
The impact of employees’ mental health conditions on productivity, participation and compensation claims, costs Australian employers at least $10.9 billion a year.
Prepared by PwC, the Heads Up report emphasises that businesses need to create a workplace where staff can be be mentally healthy and productive – they not only owe it to their staff but also to their business’s profitability.