Return on Investment Mental Health Training in the Workplace

Investing in mental health training in the workplace is not only the right thing to do for the well-being of employees, but it also makes good business sense. Research shows that every dollar spent on identifying, supporting and case-managing workers with mental health issues yields close to a 500% return in improved productivity (through increased work output and reduced sick and other leave). Here are some ways in which mental health training in the workplace can yield a positive return on investment:

1. Reduced Absenteeism and Presenteeism: Mental health issues such as depression and anxiety can lead to increased absenteeism and presenteeism in the workplace. Presenteeism refers to when an employee is physically present but not fully engaged or productive due to mental health challenges. Mental health training can help managers and employees identify early warning signs and provide the necessary support and resources to manage mental health challenges, which can reduce absenteeism and presenteeism and improve overall productivity.
2. Improved Workplace Culture: Investing in mental health training can improve the overall workplace culture by creating a supportive and inclusive environment where employees feel comfortable discussing mental health concerns. When employees feel supported, they are more likely to be engaged and motivated in their work, leading to increased productivity and higher retention rates.
3. Better Employee Health: Mental health training can provide employees with the tools and resources to manage their mental health challenges, leading to improved overall health and well-being. When employees are healthier, they are more likely to be present and engaged in their work, leading to improved productivity.
4. Increased Employee Engagement: Mental health training can lead to increased employee engagement by providing employees with the tools and resources to manage their mental health challenges effectively. When employees feel supported and engaged, they are more likely to be productive and motivated in their work.
5. Lower Turnover Rates: Investing in mental health training can lead to lower turnover rates by improving the overall workplace culture and employee well-being. When employees feel supported and engaged in their work, they are more likely to stay with their current employer, reducing recruitment and training costs.
6. Compliance with Legal Obligations: Employers have a legal obligation to provide a safe and healthy work environment, which includes addressing mental health concerns. By investing in mental health training, employers can ensure that they are meeting these obligations and reducing the risk of legal issues.

In conclusion, mental health training in the workplace can yield a positive return on investment by reducing absenteeism and presenteeism, improving workplace culture, improving employee health and engagement, reducing turnover rates, and ensuring compliance with legal obligations. Investing in mental health training is not only the right thing to do for the well-being of employees, but it can also benefit the bottom line of the business. By prioritizing mental health in the workplace, employers can create a supportive and productive work environment that benefits both employees and the organization as a whole.

Hilton M, Assisting the Return on Investment of Good Mental Health Practices as cited in Cowan G, Best Practice in Managing Mental Health in the Workplace.