Companies lack targets for employee mental health, study shows

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Only three companies out of 20 have published objectives for employee mental health management, despite 'clear evidence' that such targets can save money, the study says.

Workers walk in the City of London, Britain, September 21, 2018. Picture taken September 21, 2018. REUTERS/Peter NichollsCCLA assesses 100 listed groups' mental health managementOct 10 - Only three companies out of 20 have published objectives for employee mental health management, a study from British charity investment manager CCLA revealed on Monday, despite "clear evidence" that such targets can save money.

"There may be no shortage of mental health initiatives in the international workplace, but when it comes to integrating mental health into formal management systems and processes, most global companies have much further to go," Amy Browne, stewardship lead at CCLA, said in a statement.

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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