Work-related stress and other mental health conditions are estimated to be the biggest occupational health problem in the UK and the main cause of employee absence.
Analysts estimate that sickness absence costs £8.4 billion each year - the average employee takes seven days off sick each year of which 40 per cent are for mental health problems. This adds up to 70 million lost working days a year, including one in seven directly caused by a person’s work or working conditions.
Another £15.1 billion in reduced productivity - ‘Presenteeism’ accounts for 1.5 times as much working time lost as ‘absenteeism’ and costs more to employers because it is more common among higher-paid staff.
A further £2.4 billion is lost replacing staff who leave work because of mental ill-health.
Overall, recent estimates put the cost of mental ill health to UK employers at nearly £26 billion each year. That is equivalent to £1,035 for every employee in the UK workforce.
Mental health problems account for the loss of over 70 million working days each year. The number of working days lost to “stress, depression and anxiety” in the UK rose by 24 per cent between 2009 and 2013, while the number of days lost to “serious mental illness” roughly doubled.
HOW CAN WE HELP?
Mental Health Coaching combats and helps to prevent work-related stress and other mental health conditions.
If you are a city professional, you're likely to spend a part of your day dealing with career-related stress. The hours, the responsibilities, the pressures to deliver consistent compelling results – all add up. Often, employees are highly competitive, results-oriented people who do not want to appear weak to their peers. Over the past few years, we have also seen a number of deaths among finance workers which have raised concerns about their stress levels.
The corporate world is beginning to realise the scale of the problem - employers need to encourage and create a space for employees to speak about any mental health worries.
1:1 MENTAL HEALTH COACHING
It is common to think that people who are suffering from depression need the services of a psychiatrist, but mental health coaching might offer an easier and alternative solution for individuals suffering through periods of stress, anxiety or depression.
As a Mental Health Coach, Stacy is not a psychiatrist or a doctor – she is a coaching expert who is dual-trained in mental health. This means she has skills in assessment, risk management, containment and a tool kit of evidence-based psychological interventions which enable her to work confidentially with many mental health conditions without the requirement of a referral to say a counsellor or therapist.
Unfortunately, many employees who may be experiencing struggles are fearful of judgement, it is still tough to say ‘I’m going to see my therapist.’ However, it is okay to say ‘I’m going to see my coach’. This may be because of two related problems. The first is the stigma surrounding mental ill-health, despite its prevalence. One in four of us will at some stage suffer from mental illness, one in six at any one time. Employees are often reluctant to come forward and discuss mental issues with their employers, and by the same token, evidence suggests many employers underestimate the extent of the problem among employees. Coaching is seen as a much more positive, sensitive, appealing and preferred way for an employer to support and provide help.
If you are interested in providing a mental health coaching service in your workplace or you are a professional who feels coaching might be for you then contact Stacy here.
MENTAL HEALTH ADVISORY
Are you a forward thinking organisation who wants to be recognised as a leader when it comes to tackling mental health issues at work. If so, Stacy can work with you to provide what the very few do. Get in touch if you would like to lead by example, by having an onsite mental health practitioner who can offer:
Peer support and supervision for mental health mentors/first aiders/champions
Advice & supervisory support for anyone managing an employee who has mental health difficulties
Strategy advice and guidance with regards to well-being and employee engagement
Training delivery on wellbeing
Group interventions such a mindfulness
The first point of contact for employees with potential mental health issues including a triage, assessment & management (including brief intervention) system for those in crisis, complex cases, long term mental health conditions or those concerned about their mental health
Signposting to other agencies including liaison with occupational health services
If you are interested in any of the above bespoke services please contact Stacy here.