WHAT IS

MENTAL HEALTH AND

MENTAL ILLNESS?

TOP

PREVALENCE

WORKPLACE STRESS

WORK-RELATED STRESSORS

COST

TYPICAL BUSINESS AND PERSONAL COST

MENTAL HEALTH AT WORK

HEALTHY

REACTING

INJURED

ILL

PREVALENCE

Over 3 million Australians each year experience depression and/or anxiety disorders

1 in 5 women and 1 in 8 men will experience depression in their lifetime

1 in 4 people will experience an anxiety disorder in their lifetime

WORKPLACE STRESS

Depression is currently the leading cause of non-fatal disability but only 3% of Australians identify it as a major health problem

Overall prevalence of mental health conditions is highest in the financial and insurance sector with 33 per cent of people experiencing a mental health condition.

Anxiety conditions are most prominent in the IT, media, financial and insurance industries.

Substance use conditions are most prominent in the mining, construction, accommodation and food services sectors.

WORK-RELATED STRESSORS

Work-related mental stress is caused by prolonged and/or repeated exposure to work related stressors.

MECHANISM

COST

It is estimated that mental health conditions have a substantial impact on Australian workplaces - approximately $11 billion per year.

42.89%

55.77%

1.34%

Presenteeism

Absenteeism

Compensation Claims

$6,067,260,162

$145,886,300

$4,666,474,543

TYPICAL BUSINESS AND PERSONAL COST

Physical Injury Claims

Mental Disorder Claims

 $8,000

 5 weeks

Typical claim payment

Typical time off work

Cost of lost productivity per year

 $22,200

13.3 weeks

MENTAL HEALTH AT WORK

Creating a safe and healthy workplace makes good business sense by

Reducing costs associated with worker absence from work and high worker turnover

Achieving greater staff loyalty and a higher return on training investment

Minimising stress levels and improving morale

Avoiding litigation and fines for breaches of health and safety laws

Avoiding the time and cost involved in discrimination claims avoiding industrial disputes.

For every dollar spent on successfully implementing an appropriate action, there is on average $2.30 in benefits to be gained by the organisation.