The independent review into workplace mental health, commissioned by the Prime Minister in January and led by Dennis Stevenson and Paul Farmer, has published its report, Thriving at Work. The review looks at how employers can better support all employees including those with poor mental health or wellbeing remain in and thrive at work. The study found that 300,000 people with a long-term mental health problem lose their jobs each year and that poor mental health costs employers up to £42 billion a year, with an annual cost to the UK economy of up to £99 billion.
The statistics from the Department of Work and Pensions reveal that 300,000 people with a long term mental health problem lose their jobs each year. Analysis by Deloitte, commissioned by the reviewers, also reveals a demonstrable cost to employers, and quantifies for the first time how investing in supporting mental health at work is good for business and productivity. Poor mental health costs the UK economy between £74 billion and £99 billion a year. Deloitte’s analysis shows that the cost to employers is between £33 billion and £42 billion of this number. Evaluations of workplace interventions show a return to business of between £1.50 and £9 for every £1 invested.

More →

A vox pop poll carried out by  employee engagement firm Reward Gateway at a recent conference claims that wellbeing, pay and benefits and recognition will be the top employee engagement priorities for HR professionals in 2018. The research, which polled 565 HR professionals at Employee Benefits Live 2017, echoes two studies undertaken by the same firm earlier this year. These studies found that companies are looking to invest in areas which UK employees have said are crucial to them, but don’t feel as though their employers are adequately providing: wellbeing and recognition. As the top agenda point, the importance of wellbeing in the workplace was echoed in a study conducted in September 2017, which claimed that 22 million British workers, or 7 in 10 employees (71 percent), have felt stress or financial strain in the last five years. Despite these numbers, the same research also claims that a third of respondents said that their company currently offers no wellbeing programmes.

More →

Over three quarters (77 percent) of British workers admit that having a bad night’s sleep negatively impacts their working day, with 27 percent claiming that they feel exhausted on a daily basis, according to a new study from jobsite CV Library. The study explored the attitudes of 1,300 workers around the topic of sleep and the workplace and was conducted with input from Neuroscientist Professor Jim Horne. The research claims that three quarters of Brits (74.5 percent) cite workplace stress as a key cause of their disrupted rest, with a further 92.5 percent admitting that a stress-related disrupted sleep negatively affects their emotions. What’s more, while the majority of workers (58.9 percent) would like to get 7-8 hours of sleep a night, only 26.1 percent currently achieve this, with most people (56.8 percent) actually receiving 5-7 hours. The research claims that sleep deprivation is most likely to affect an employee’s ability to stay focused (72.7 percent) as well as their ability to deal with challenging situations (46.5 percent) and make important decisions (34.2 percent).
More →