The GOOD, the BAD, and the downright SCARY. Nine wellbeing statistics to frighten you.
Happy Halloween!
When it comes to wellbeing, there is the good news, i.e. the data that tell us what works and the opportunities that present itself when wellbeing is done right. There is the bad, where the business case for investment is clear. And then there is the scary. I.e., the horrifying numbers that reflect the suffering, pain and difficulties those are work are still experiencing – and behind every statistic is a real person. These are the number we hope will provide a rallying cry for immediate action.
The GOOD.
5:1 The return on investment employers can expect to see for every £1 spent on wellbeing. In comparison, the average cost of poor mental health per employee is £1652. Deloitte, 2020.
93% The number of respondents who said their business do have a wellbeing strategy. REBA, 2022. However, this number drops to 51% in the 2022 CIPD Health & Wellbeing at Work Report.
84% The percentage of employees who say they are more productive when they have a sense of wellbeing. 79% also say they feel more creative. BITC, 2022.
The BAD.
69% Almost 7 in 10 employers say the tension between skills availability and business requirements in an increased risk to wellbeing at their business. REBA, 2022.
42% Only just over two-fifths of organisations report that their senior leaders encourage a focus on mental health through their actions and behaviours, CIPD 2022.
58% Only just over half of employees surveyed feel comfortable talking about stress at work. This drops to only 47% for black employees, 44% for Asian, and 50% for those with a disability. BITC, 2022
The downright SCARY.
71% Over two thirds of businesses don’t believe their managers are competent to spot the early warning signs of mental ill health – despite relying on them to take primary responsibility for managing short and long term absence. CIPD, 2022.
77% Nearly 4 out of 5 businesses do not link wellbeing to their business strategy. REBA, 2022.
61% Almost two thirds of employees surveyed cited poor mental health a reason for leaving their job. BITC, 2022
Find out more…
If you would like to know more about workplace wellbeing and the services Psychology Works offer in this area, please don’t hesitate to contact us.
In the meantime, if you’ve enjoyed Maria’s ramblings why not check out some of our other blogs and thought pieces. For real time updates and insights you can also find us on LinkedIn, our social media platform of choice: @PsychologyWorks and @mariagardner