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“Every dollar spent on effective workplace mental health actions may generate $2.30 in benefits to an organisation.”
(Source: https://www.headsup.org.au/)
One in five Australian workers is currently experiencing a mental health condition.
(Source: TNS (2014). State of Workplace Mental Health in Australia. Melbourne: Beyond Blue)
Mental ill-health impact in the workplace:
The impact of mental health conditions is measured as the total cost of absenteeism, presenteeism and compensation claims estimated in one year across all industries. This is estimated to be approximately $10.9 billion per year. This comprises $4.7 billion in absenteeism, $6.1 billion in presenteeism and $145.9 million in compensation claims.
Source: PWC / Beyondblue/ national Mental Health Commission (2014) : https://www.headsup.org.au/
Mental health issues are estimated to cost the Australian economy up to $60 billion annually in healthcare, lost productivity, and many other direct and indirect costs (Investing to Save – The economic benefits for Australia of investment in mental health reform).
Source: https://mhaustralia.org/