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Work stress - a costly epidemic.
1. POWR INSIGHTS
a costly epidemic
IRELAND
2002
2009
2015
Work related stress cost the
Irish Economy upwards of
The economic cost of
mental ill health was
UNITED KINGDOM
€200,000,000
€3 BILLION
82% of Irish employees
surveyed were experiencing
increased work related stress
WORK STRESS
By 2021 occupational stress will be the largest cause of
absenteeism and decreased productivity in the global
workforce (overtaking lower back pain).
2004
Mental ill health cost
the economy
2009
Employees reported to be
at work rose from 18.5%
in 2005 to 26%
2013
Work related stress
costs economy
2015/2016
Stress accounted for
of all lost working
days due to ill health
2005
Stress at work cost
the economy about
a year in lost output
2012
Stress cost the UK
2014
Mental health issues
cost the economy
UNITED STATES OF AMERICA
2012
66% of employees can’t
focus at work because of stress.
2015
2016
Workplace stress costs the
economy up to
$190BILLION
US Employers spend
per annum on
health and wellbeing
$900PEREMPLOYEE
£3 BILLION
£100 BILLION
VERY STRESSED
£6.5 BILLION
£70 BILLION
£3.7 BILLION
45%
Stress still represents the leading health challenge faced by employers
and employees globally yet findings from a Global Survey demonstrate
that only52%ofemployersworldwide measure specific outcomes
from their wellness programs.
SOURCES
https://www.theguardian.com/money/2005/may/16/workandcareers.mentalhealthhttp://www.who.int/en/
http://www.irishexaminer.com/business/82-of-irish-workers-stressed-351525.html
http://www.forbes.com/sites/hbsworkingknowledge/2015/01/26/workplace-stress-responsible-for-up-to-190-billion-in-annual-u-s-heathcare
-costs/2/#6a117157546c
http://www.businessnewsdaily.com/2267-workplace-stress-health-epidemic-perventable-employee-assistance-programs.html
http://www.nhs.uk/news/2012/02February/Pages/stress-sick-days-economic-downturn.aspx
http://www.huffingtonpost.co.uk/natasha-shearer/work-related-stress-business_b_3545476.html
http://www.bmmagazine.co.uk/news/stress-costs-uk-economy-3-7bn/
https://www.theguardian.com/money/2005/may/16/workandcareers.mentalhealth
http://www.independent.ie/irish-news/cost-of-workrelated-stress-headache-for-employers-26030752.html
http://www.imt.ie/opinion/guest-posts/the-economic-costs-of-mental-illness-in-ireland-21-04-2009/
the year to make a change2017Make