Costs of Poor Mental Health
Deloitte (2022) in its report, ‘Mental health and employers: The case for investment -pandemic and beyond’ states that
51% of all employees felt their employer did not support mental health adequately
Estimated total cost of poor mental health in the UK is £56bn
MindHug adjusted estimated total cost of poor mental health in the UK is £78.50bn
Deloitte is prudent in assuming turnover costs to be 40-50% of the salary of the employee.
MindHug estimates that the true turnover cost is closer to
The salary of the employee and up to for high-performing employees.
This is particularly true in the face of the pandemic where mental health has worsened by in the workforce.
Furthermore, these numbers do not account for some ancillary “knock-on” costs. To illustrate this, poor mental health, stress and anxiety can increase the risk of:
Deloitte (2022), estimates the Return on Investment (ROI) on mental wellbeing
Investing as little as £20 per employee per month in the right solutions could reduce the total mental health burden of a company by 50%. Additionally, the solutions will pay for
MindHug Concierge Offer
A motivated and friendly relationship manager who will be an extension of your wellbeing team. They will go that extra mile to help in planning, designing and implementing your wellbeing strategy
Tailor made training, workshops and events for your organisation's needs. On the off-chance that we do not have a solution you need - we will try our hardest to build it from the ground up
40% discount on every workshop, training, event and add-on service booked through us. 40% discount on our Digital App once live
An annual wellbeing audit and organisation wide survey Ancillary “knock-on” benefits would include increased innovation, loyalty and brand value.
Mental health and employers: The case for investment -pandemic and beyond
Failure to retain talent costs UK firms £42 billion, says PwC - Personnel Today
This Fixable Problem Costs U.S. Businesses $1 Trillion (gallup.com)
What High Performers Want at Work (hbr.org)
People Managers’ Guide to Mental Health (CIPD)
Assumes an average UK salary of £31,447 (ONS)
themselves, if for every 500 employees they prevent even 1 single high performer from leaving the company.