The Value and Impact of Workforce Mental Health

Employers bear the financial weight of inadequately treated mental health conditions, often without realizing it. They’re left to cover systemic costs associated with insufficient mental health care through constantly increasing health plan costs. In addition, employers are coping with escalating operational costs related to issues that include lost productivity–which costs employers an estimated $226 billion annually–and increased employee turnover.

Awareness of these systemic and operational costs is growing, especially as companies have struggled to adapt their operations to the “new normal” of work amid an ongoing pandemic. More employers today than ever before–73 percent in our State of Mental Health at Work survey–recognize the need to invest in their people’s mental health.