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Companies lack targets for employee mental health, study shows - BusinessWorld Online

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Only three companies out of 20 have published objectives for employee mental health management, a study from British charity investment manager CCLA revealed, despite “clear evidence” that such targets can save money. READ

CCLA’s new investor benchmark, which assessed 100 of the world’s largest listed firms, showed a disconnect between their recognition of workers’ mental health as an important business issue and formalized public commitments and disclosure.

“There is clear evidence to show that improving the mental health of an organization saves money and that the financial ramifications of failing to improve corporate mental health are profound,” she added. Deloitte, one of the “Big Four” accounting firms, reported in 2020 that mental ill-health in the workplace cost companies on average 1,652 pounds, or $1,900 based on mid-September exchange rate, per private sector employee each year, CCLA cited.

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