Investing in mental health yields significant returns

By The IJ Staff | November 05 2019 12:01PM

Photo: Freepik

Organizations that are committed to delivering and measuring employee wellness programs are seeing their investment pay off in a substantial way, says new research from Deloitte & Touche Canada.

The company’s analysis of data from seven large Canadian companies found that those with mental health programs in place for one year had a median annual return on investment (ROI) of $1.62 for every dollar invested. For those with programs in place for three or more years, the median annual ROI more than doubles to $2.18 for every dollar spent.

An economic and a moral imperative

“The cost to the Canadian economy of poor mental health in our workplaces is estimated to be $50-billion annually. There’s both an economic and a moral imperative for Canadian employers to take action,” says Deloitte Canada’s CEO, Anthony Viel. “The findings from this report provide a business case that is impossible to ignore.”

The report, entitled ROI in workplace mental health programs: Good for people, good for business, suggests that wellness programs are more likely to achieve positive ROI when they support all employees, from the promotion of well-being to intervention and care. They say employers can also achieve greater program ROI by prioritizing their investment in higher-impact areas such as leadership training, family assistance and return-to-work programs.

The report also contains a blueprint for program implementation and ways to measure the outcome of an employer’s workplace mental health program.

To learn more, consult the full report here.

Related topics …
close button

1 800 $

en prix à gagner !

Image conférence

Faites le plein de nouveautés !

  • Santé/mieux-être au travail
  • Pandémie et assurance collectives
M’inscrire pour voir
la rediffusion
  • Soins virtuels:
    de l'échec à l'explosion!
  • Autogestion: par
    où commencer ?
close button

Les vitrines du

1 800 $

en prix à gagner !

Image conférence

Ayez tous les outils en main pour
performer dans cette nouvelle réalité

Des leaders en assurance, santé collective et avantages sociaux.