Posted: Wednesday 21 September 2011
Some of Britain’s biggest employers including Barclays, Deloitte, Marks & Spencer and Veolia have joined forces with the mental health charity Mind to form solutions for managing mental health at work in a new report published today.
The findings are based on a business summit hosted by AXA and Mind earlier this year that brought together senior figures from 16 leading organisations to discuss the challenges faced by employers in addressing mental distress in the workplace.
One in six workers is experiencing depression, anxiety or stress1 costing British businesses an estimated £26 billion a year2 but despite this mental health is still not given the same priority as physical health at work.
Only 15 per cent of FTSE 100 companies report on the proactive management of psychological health compared to 97 per cent reporting on physical health3.
The summit, conducted under the Chatham House Rule, offered frank exchanges between organisations of all sizes and sectors and revealed a number of common concerns including:
A strong theme was that many employers still take a tick box approach to wellbeing, providing ‘lettuce leaves and gym membership’ rather than embedding policies specifically designed to target stress and mental health issues, and promote mental wellbeing.
These comments reflect recent government findings4 that most initiatives marked up as ‘wellbeing’ interventions are actually health and safety or injury prevention training, with only 17 per cent of organisations providing stress management support.
Based on common frustrations and best practice, the summit led to a set of recommendations on the actions that businesses and government should take to create mentally healthy workplaces, including:
Paul Farmer, Chief Executive of Mind said:
Just about every business manages to incorporate physical health and safety into their working practices, yet despite the fact that mental health is the second biggest health problem in the workforce, only a handful of organisations specifically promote and protect good mental health.
Bringing together some of the best known businesses to discuss what is holding us back revealed that some of the barriers are really simple to overcome - problems such as poor awareness and poor training on stress management and mental health, which can be resolved with very little investment indeed.
Crucially, there needs to be the will from right at the top of an organisation to start giving mental wellbeing the priority it deserves. Signalling from the top that mental health is valued, promoting openness and ensuring line managers are trained in soft skills can help employers to act early and nip problems in the bud – saving money and creating a happier, more productive workforce.
AXA ICAS business manager, Eugene Farrell, commented:
Mental ill health remains a major concern for organisations in the UK – both as an issue of absence and of presenteeism.
In particular, the Summit findings highlight the need for additional line manager training in identifying mental health issues at work and, vitally, how to effectively provide support.
Download the report Taking Care of business: Employer solutions for better mental health at work (2011)
Sign up to our Taking care of business campaign.