Mental health costs businesses billions each year in the UK which is concerning, says a Kendal HR company.
New research by Deloitte reveals that poor mental health at work costs UK employers £51 billion a year.
Emma Browning, HR expert and owner of Meraki HR in Kendal, said: "These figures should grab every business owner's attention.
"While there's been a slight decrease from £56 billion last year, it still surpasses the pre-pandemic level of £45 billion in 2019 - and this is concerning."
The research identifies three main factors contributing to poor mental health at work: presenteeism, burnout, and the impact of family mental health issues.
Ms Browning said: "These issues carry significant implications for your business.
"Presenteeism alone costs businesses £24 billion annually, while burnout diminishes productivity.
"The impact of children’s mental health on their working parents costs UK employers £8 billion a year."
She added: "For every £1 spent on mental health support, businesses see a return of nearly £4.70 in improved productivity."
The solutions, according to Ms Browning, start with regular pulse surveys on workload, management support, and culture.
She said: "Implement strategies, like flexible work policies, which help to juggle caregiving responsibilities.
"Promote a work-life balance culture that encourages breaks and provides support systems like Employee Assistance Programmes.
"Prioritising mental health and wellbeing cultivates a healthier, more productive workforce, safeguarding your business's success. To me, this is non-negotiable."
She also highlighted how Meraki HR can help, saying: "My team and I would love to work with you to support mental health in your business, delivering cost savings, productivity gains, and happier, healthier people."
Business owners can arrange a free 15-minute consultation by visiting the Meraki HR website.
Meraki HR, formed in 2014, outsources a full range of HR services to businesses, as well as offering learning and development courses.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here