What is the Return of Investment on Mental Health Training?
In a study by Stevenson & Farmer, (Stevenson & Farmer, 2017) they ‘found that a manager mental health training programme could lead to a significant reduction in work-related sickness absence, with an associated return on investment of £9.98 for each pound spent on such training’.
Therefore, introducing a programme addressing mental health issues in the workplace can present a return of investment of up to 800%
However, it’s more than about money. Aside from the finacial cost and benefits, we need to consider the human costs and potential benefits.
The suicide rates are rising, there is a very real cost of human life here, all entirely preventable.
Mental health awareness is the starting point for that change.
To appreciate that it’s all part of a much bigger picture.
To understand that by educating people on the basics of mental health, it promotes empathy, understanding and reduces the stigma.
It helps people feel comfortable having those difficult conversations.
Not just at work, but at home too.
This, the awareness, is a starting point.
There is a lot more that can, and should be done.
The awareness should be a minimum standard.
If you want to implement a programme for mental health training, including manager training and ongoing support, get in touch with us.
Training delivered by Military Veterans in your working environment.