Work-related mental health statistics: global and nationwide costs
The global cost of mental health problems
Untreated mental health problems account for 13% of the total global burden of disease. It is projected that, by 2030, mental health problems (particularly depression) will be the leading cause of mortality and morbidity globally.
- According to WHO’s Atlas (2014), globally, governments are the most commonly cited source of funding for mental health services, with non-governmental and not-for-profit organisations coming second, followed by employers (through social health insurance) and household income (private insurance and out-of-pocket).
- Work is good for mental health but a negative working environment can lead to physical and mental health problems.
- Depression and anxiety have a significant economic impact; the estimated cost to the global economy is US$ 1 trillion per year in lost productivity.
- Harassment and bullying at work are commonly reported problems, and can have a substantial adverse impact on mental health, along with poor work-life balance.
There are many effective actions that organizations can take to promote mental health in the workplace; such actions may also benefit productivity. Mind Work has tools and practices that seamlessly integrate into your companies and ensure daily responsibilities are not disrupted.
Current costs to businesses are at an estimated USD $2.5tr per year and is expected to rise to USD $6tr by 2030. These costs are incurred from lost productivity, including sick leave, staff turnover and presenteeism – when employees show up for work but underperform due to stress, anxiety, depression or addictions. All these conditions can affect energy as well as the ability to concentrate, make decisions, problem-solve and interact positively with colleagues and clients.
Costs in your region;