MENTAL HEALTH COSTS Australian workplaces are directly impacted by mental health and suicide.


Suicide is the leading cause of death for Australians aged between 15 and 44 years. The most common mental health conditions amongst Australia’s workforce are anxiety disorders, affective disorders (mood disorders such as depression) and substance use disorders.1


mental illness in Australia is an estimated $49 billion per year.


For Australian businesses, the bottom line impact of untreated mental illness is significant. The conservative estimate of $11 billion per year comprises:


The cost of lost productivity and forgone earnings due to


Investing in the mental health of staff is an investment in your business


For every $1 spent $ in absenteeism B4.7ILLION $ in presenteeism


B6.1ILLION in compensation claims2 $


146 MILLION


The true cost of untreated mental health conditions is greater when additional impacts such as staff turnover, incident claims, insurance payments and the impacts upon other employees are considered.2


Business leaders have duties under work health and safety laws to do whatever is reasonably practicable to eliminate or minimise risks to workers’ mental and physical health. Lifeline’s training is an effective way to implement suicide prevention and enhance mental health support services within your business.


Untreated mental health conditions cost Australian employers $11 billion every year


RETURN ON INVESTMENT Return on investment for expenditure improving employee wellbeing and mental health is $2.30


for every $1 invested. This is a big bottom-line impact. The potential for additional intangible benefits such as increased engagement and retention of staff reinforces the business case to invest in mental health.


2


We know that a partnership with Lifeline Adelaide will positively impact and improve the quality of life of your workforce, their families and your stakeholders, which in turn increases your workplace morale and employee productivity.


1Australian Bureau of Statistics (2009). National Survey of Mental Health and Wellbeing: Summary of Results, 4326.0, 2007. ABS: Canberra 2 Creating a Mentally Healthy Workplace: Return on Investment Analysis, PricewaterhouseCoopers, 2014


on improving employee wellbeing an average


is returned $2.30 2


1


3


$


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12