YES, for every dollar spent on mental health programs you get $2.30 back, see below.
All workplaces have obligations under the occupational health and safety (OHS) and disability discrimination legislation to understand mental illness and how to talk about mental illness.
Graeme Innes AM Disability Discrimination Commissioner, Australian Human Rights Commissioner, 2010 Workers with Mental Illness a Practical Guide for Managers.
Mental Health conditions are common:
- 45% of Australians between the ages of 16 and 85 experience a mental health condition at some point in their lifetime
- 20% of Australians will be experiencing a mental health condition in any 12 month period
The impact of Mental Health conditions is measured as the total cost of absenteeism, presenteeism and compensation claims estimated in one year across industries.
This is estimated to be 14.9 Billion per year.
A report prepared by PwC indicates that the return on Investment for actions taken to improve mental health outcomes is 2.3; that is, for every dollar invested in Mental Health programs a company will receive a return of $2.30.
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