It has been estimated that in the UK, poor mental health costs employers up to GBP 45 billion per year. While not all mental health issues lead to sickness absences, employers are increasingly recognising the importance of mental well-being for productivity, broader employee engagement, and the need to promote an open culture that breaks down the taboo on the subject.
COVID-19 has brought these issues into even sharper focus, with new challenges to mental health as a result of the lockdown, furlough, and economic insecurity.