The GOOD, the BAD, and the downright SCARY. A round up of 15 wellbeing statistics to frighten you.
Happy Halloween!
When it comes to wellbeing, there is the good news, i.e. the data that tell us what works and the opportunities that present itself when wellbeing is done right. There is the bad, where the business case for investment is clear. And then there is the scary. I.e., the horrifying numbers that reflect the suffering, pain and difficulties those are work are still experiencing – and behind every statistic is a real person. These are the number we hope will provide a rallying cry for immediate action.
The GOOD.
5:1 For every £1 spent by employers on mental health interventions, employers could get back £5.30 in reduced absence, presenteeism, and staff turnover. [Deloitte UK Mental Health Report, 2022)
84% percentage of employees who say they are more productive when they have a sense of wellbeing. 79% Also say they feel more creative. BITC, 2022.
83% of employees who believe their wellbeing is just as important as their salary (State of Work-Life Wellness Report)
80% of nearly 9,000 respondents identified well-being as important or very important for their organisation’s success (2020 Deloitte Global Human Capital Trends report)
91% employees that feel more inclined to do their best work when executive upper management prioritises employee wellbeing. (American Psychological Association, 2017)
The BAD.
69% Almost 7 in 10 employers say the tension between skills availability and business requirements in an increased risk to wellbeing at their business. REBA, 2022.
42% Only just over two-fifths of organisations report that their senior leaders encourage a focus on mental health through their actions and behaviours, CIPD 2022.
58% Only just over half of employees surveyed feel comfortable talking about stress at work. This drops to only 47% for black employees, 44% for Asian, and 50% for those with a disability. BITC, 2022
The downright SCARY.
18 days The average number of days employees take off a year to deal with stress, depression, or anxiety. In contrast to 10 days for injuries, 17 days for physical ill-health, and 15 days for musculoskeletal disorders (HSE)
36.8 million Estimated number of working days lost due to work-related ill health and non-fatal workplace injuries in 2021/22. Up from 17.9 million in 2019/20 and 12.8 million days in 2018/19. (HSE)
£56 billion Mental ill health costs UK employers approximately £56 billion each year (Breaking down as: presenteeism: approx. £28 billion; staff turnover: approx. £22 billion; and absenteeism: approx. £6 billion) (Deloitte UK Mental Health Report (2022)
71% Over two thirds of businesses don’t believe their managers are competent to spot the early warning signs of mental ill health – despite relying on them to take primary responsibility for managing short and long term absence. CIPD, 2022.
77% Nearly 4 out of 5 businesses do not link wellbeing to their business strategy. REBA, 2022.
61% Almost two thirds of employees surveyed cited poor mental health a reason for leaving their job. BITC, 2022
67% Only two thirds of workers agree that their organisations are doing enough to support mental health in the workplace. In contrast to 94% of CEOs! (Headspace Health, 2022)
Find out more…
If you would like to know more about workplace wellbeing and the services Psychology Works offer in this area, please don’t hesitate to contact us.
In the meantime, if you’ve enjoyed Maria’s ramblings why not check out some of our other blogs and thought pieces. For real time updates and insights you can also find us on LinkedIn, our social media platform of choice: @PsychologyWorks and @mariagardner