The Importance of MindQ
Mental wellbeing by the numbers
The Impact of Mental Health
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 employees’ ability to function effectively.
68
million days
68 million additional days of work annually are missed by individuals diagnosed with depression compared to employees who have not been depressed, costing employers more than $23 billion annually in lost productivity.[1]
6.8
million people
6.8 million people suffer from generalized anxiety annually. Anxiety disorders are the most common mental illness in the U.S., and women are twice as likely to be affected as men.[2]
$210
billion
Depression has an overall economic burden of $210 billion annually in the United States. Half of these costs are attributed to employers, totaling $105 billion annually in lost productivity.[3]
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 wellbeing.
[1] Dan Witters, Diana Liu, Sangeeta Agrawal. Depression Costs U.S. Workplaces $23 Billion in Absenteeism. Gallup News, 2013. Retrieved form: http://www.gallup.com/poll/163619/depression-costs-workplaces-billion-absenteeism.aspx
[2] Anxiety and Depression Association of America. Facts and Figures. Retrieved from: https://adaa.org/about-adaa/press-room/facts-statistics
[3] American Psychiatric Association Foundation Center for Workplace Mental Health. Retrieved from: http://www.workplacementalhealth.org/Mental-Health-Topics/Depression/Quantifying-the-Cost-of-Depression
[4] World Health Organization. Investing in treatment for depression and anxiety leads to fourfold return, 2016. Retrieved from: http://www.who.int/en/news-room/detail/13-04-2016-investing-in-treatment-for-depression-and-anxiety-leads-to-fourfold-return