Hope Corporate

Mental health costs for companies

• Days lost to workplace stress (EU-OSHA, 2000) – 50-60%
• Psychological disorder costs in Germany – 3 M. EUR
• Annual productivity loss in the UK – 3.7 B. GBP
• People affected by stress, that caused losses of 830 – 1.656 M. EUR (France) – 500 – 335.000
• Work days lost to work-related stress, depression, or self-reported anxiety in the Great Britain (HSE, 2010) – 11.4 M. GBP
• Average mental health-related absence time in the UK – 31 days

Mental health in the workplace

Both the workplace and the individual employee’s characteristics influence each other. They can function both as protective and negative factors to mental health.

Poor workplace performance

• High personnel rotation
• Early retirement
• Workplace complaints and disputes (OMS, 2005);
• Anxiety: 66 B. EUR/year
• Disposition disorders (major and bipolar depression): 113 billion EUR/year (Gustavsson and collab., 2011)
• Sick leaves and loss of productivity with cause of DEPRESSION – 76 M EUR/year (OECD, 2008).

Staging

At any point, most employees will be in the “prospering in the workplace” category, but with frequent shifts between prospering “while struggling”, and “sick, possibly on holiday”

Figure 1: Three phases people experience while working

Luckily, investing in mental health in the workplace is one of the best investments a company can make! Profits are real, measurable, and scientifically proven by multiple studies carried out along the years

There is already solid, scientifically proven evidence that points to a very interesting return of the investment at the level of promoting mental health in the workplace. Among the advantages indicated by them are:

The meta-analysis realized by Westgaard and Winkel (2011) indicates an increased efficacy of risk management, and a way of improving risk management in complex organizational contexts. In other words, employees will be able to cope brilliantly with potential periods of crisis of the company, and can efficiently manage solving problems in tight spots.

Organizational interventions are a necessary criteria of holistic approaches, and are efficient with tackling mental health in the workplace risks.

Thus, a mental health in the workplace program has shown a 9.69 GBP return for each expense of 1 GBP on the program.

Furthermore, an early diagnostic and treatment of a depression program in the workplace has shown a return to the investment of 5.03 GBP for each 1 GBP spent on the program.

Generally, in 12 programs studied by Matrix Rapport, 2013, the investment return has varied from 1.75 GBP to 83.73 GBP.

The most efficient intervention methods have an increased financial return through: reducing absenteeism (Leka, 2014); presentism (Knapp, 2011); levels of anxiety and depression; increasing productivity.

Why choose Keep The Balance?

✓ Complete program

✓ Based on international recommendations and evidence

✓ Flexible to the company’s needs

✓ Greater ROI if all 3 levels are implemented

✓ Flexibility and confidentiality

✓ 50% less sick leaves

✓ 20% less vacation days

✓ 400% more productivity

 The HOPE Clinic is the leader of the mental health market in Romania judging by:

✓ Business Digit (1,8 mil. EUR/2021)

✓ Monthly consultations (over 6.500)

✓ Amount of specialists (over 110)

✓ Level of performance and complexity in specialized treatment programs offered (5 programs UNIQUE to Romania that are supported by multiple studies and meta analyses).

Employees’ mental health – There are plenty of aspects to tackle within the work environment. A meeting with one of our specialists will clarify problems you’re tackling and will help establish a strict action plan to help solve them as quickly as possible.