Why mental health issues go untreated — and what it costs firms
There’s often a stigma that’s associated with employees’ mental health issues — and that can hurt businesses of all stripes.
Reason: Employees suffering from conditions like anxiety, bipolar disorder and depression aren’t getting the treatment they need.
In fact, three out of four employees with a mental health disorder may be forgoing treatment because they’re afraid of losing their jobs.
That according to a report by the Organization for Economic Cooperation and Development. The report also found that employees suffering from mental illness are absent more frequently than workers without these conditions — and between 30% to 50% of all new disability claims are for mental health issues.
When workers fail to get the treatment they need, it wreaks havoc on their productivity – and eventually impacts employers’ bottom lines.
So what can you do? First, employers may want to put some effort into talking up the benefits of their employee assistance program. Also, it’s important for firms to look for ways to get rid of the stigma that’s often attached to those with mental health issues.
- Share on
Free Training & Resources
White Papers
Provided by Anaplan
Further Reading
If you’ve used Excel to create a database table with fixed formulas, and that table will be used by multiple people, there’s a ...
The U.S. Supreme Court (SCOTUS) handed down enough precedent-breaking decisions this spring to make anyone’s head spin. The upshot: B...
A Little Caesars franchisee will pay $409,457 for federal wage and hour violations, the Department of Labor (DOL) recently announced. Th...
Companies seeking accountants to replace or reinforce their workforces will continue to find themselves stuck between a rock and a hard pla...
Talk about a swift kick in the you-know-where! President Biden stopped at a Sheetz convenience store on a recent campaign stop. Biden order...
The Securities and Exchange Commission (SEC) just fined a company $35 million because it didn’t maintain adequate disclosure rules fo...
