Depression: A Costly Condition for Businesses
Why are more employers focusing on workplace mental health? Because they recognize it is costly to ignore. Depression costs employers an estimated $44 billion each year in lost productivity. About half of employees with depression are untreated. Yet with proper treatment, people with depression can get better. The key is to help employees access effective care.
The demands and challenges of work can lead to high stress for some people, which can be costly. Employers can address and reduce work stress by focusing their efforts at three levels: 1) prevention, 2) intervention and 3) support.
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