Any organization that is seriousabout growing, managing risk and maintaining a strong, competitiveworkforce has to start getting real about mental health at theworkplace. (Image: Shutterstock)

Every organization is only as healthy as its workforce. An estimated 322 million peopleworldwide live with depression, including 40 million Americans, andup to 56 percent do not seek treatment. Depression is the leadingcause of disability in the United States, and it is estimated thatdepression and anxiety cost the global economy $1 trillion per yearin lost productivity.

Any organization that is serious about growing, managing riskand maintaining a strong, competitive workforce has to startgetting real about mental health at the workplace. Beyonddepressive disorders, over 26 percent of employed adults havesubstance abuse or addiction in their family, with 42 of thoseindividuals reporting that their productivity suffered as a result.Considering 16 percent of emergency room patients injured at workhave alcohol in their system, it should be no surprise thatdrug abuse and addiction cost Americancompanies upwards of $81 billion annually.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.