Firm owners and leaders are sometimes reluctant to spend money on initiatives that don’t have a clear return, such as those related to mental wellness. However, even if there are zero dollars aimed at this topic, each minute that an employee is struggling has an associated cost to the firm. Direct costs include medical claims and pharmacy costs, whereas indirect costs include absenteeism, presenteeism, and turnover which are more difficult to accurately quantify and sometimes go unnoticed.
So, the real question is can you afford not to support mental health in your firm?
This resource is provided in PowerPoint format. While firms can download and customize for presentation purposes, firms should also consider printing or posting on internal sites specific slides that will help to create a firm culture dedicated to mental well-being.