Mental Health at Work

20% Experience Mental Illness

About 20% of adults experience mental illness annually[1]

$80B Annual Cost

$80 billion annual cost of mental illness to employers 

Mental health problems such as stress, depression, and anxiety are remarkably common. There is growing evidence that mental health can have a substantial impact on your employees’ ability to function effectively. In fact, mental illness causes more work loss and functional impairment than any physical health conditions, including diabetes, asthma or arthritis.[2]

Mental Health Impact, by the Numbers

  • Individuals diagnosed with depression miss an additional 68 million days of work annually compared to employees who have not been depressed, costing employers more than $23B annually in lost productivity[3]
  • 7 million people suffer from generalized anxiety annually – 56% report anxiety negatively impacts their performance at work. Women are twice as likely to be affected as men.[4]
  • 53% of all employees are stressed about their finances and are more likely to be distracted at work, miss work to deal with personal finances, and cite health reasons caused by financial stress.[5]

Interventions Matter

Investing in mental health can have a substantial impact on an employer’s bottom line. It can reduce absenteeism, lower disability costs, and substantially increase productivity and worker effectiveness. Identifying employees at risk for mental health conditions allows them to be directed to the appropriate resources that have demonstrated efficacy in improving mental well-being.

Learn how MindQ can help Next: The Science

[1] https://www.nami.org/Learn-More/Mental-Health-By-the-Numbers
[2] Marlowe JF: Depression’s Surprising Toll on Worker Productivity, Employee Benefits Journal, March 2002, pp. 1620.
[3] http://www.gallup.com/poll/163619/depression-costs-workplaces-billion-absenteeism.aspx
[4] Kessler RC, Chiu WT, Demler O, Walters EE. Prevalence, severity, and comorbidity of twelve-month DSM-IV disorders in the National Comorbidity Survey Replication (NCS-R). Archives of General Psychiatry, 2005 Jun;62(6):617-27.
[5] https://www.pwc.com/us/en/private-company-services/publications/financial-well-being-retirement-survey.html