Mental ill-health is generally understood to have a serious impact on workers and on the productivity of workplaces. But it’s difficult to fathom the true size of that impact.
The effect of mental health is so great, that if all employers could ensure their workplaces were mentally healthy, they could realistically see workforce participation rates improve by 30 per cent.
Kelly Lemke, Senior Manager, Claims Innovation at Allianz, says there’s a clear link between personal injury claims and workplace mental health.
“Our claims data shows that the average cost of an active psychological claim is 3.5 times that of an active physical claim,” she says.1 “The financial implications are clear, but it’s often the social cost that is untold. As part of the personal injury ecosystem it’s our job to ensure we’re improving people’s lives and contributing to sustainable schemes and thriving communities.”