How Proactive Programs Can Increase ROI
September 20, 2024
Joel Dandrea, CEO of the SC&RA, examines the benefits employers can gain by investing in their teams’ mental health and well-being. Research from global professional services network Deloitte shows investments in mental health programs in the workplace generate returns of up to five times their original value, sometimes more – including the healthy and happy employees that come along with such increases. On the other side of the spectrum, in the USA, the cost of untreated mental illness can be staggering – with approximately US$200 billion spent on it annually. This enormous expense not only encompasses medical claim costs but also includes the indirect costs of turnover, absenteeism and reduced productivity.
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