About 1 in 5 Americans will experience a mental illness at some point in their life. That’s more than cancer, heart disease and diabetes combined.
If you are a business owner and/or CEO, you may be wondering if your employees’ mental health is impacting your company.
Financially, mental illness can have a huge impact on a company’s bottom line. According to the American Psychiatric Association, depression alone costs employers an estimated $44 billion each year in lost productivity.
Incredibly, this figure does not include the indirect cost of someone who is present at work but is not fully productive because they are battling their illness or thinking about a loved one who is suffering.