Building the Business Case for Workplace Mindfulness Training
THE COST OF THE UNWELL MIND
Poor mental health is the #1 cause of ill health and disability worldwide.
It costs the global economy $1 TRILLION in lost productivity.
The World Health Organization calls burnout an "occupational phenomenon"
500,000 Canadians miss work every week due to mental illness.
46% of all disability claims are mental health-related.
$6 billion estimated costs to Canadian employers.
84% of Canadians report that their mental health concerns have worsened since the onset of the COVID-19 pandemic.
INVESTING IN MENTAL HEALTH IS GOOD BUSINESS
For every $1 invested in workplace mental health, the median yearly return was $1.62, a figure that rises to $2.18 for programs that have been in place for three years or more. Beyond happier, healthier employees - this is why mental health is important.
MindWell has trained over 60,000 leaders and employees. Participants report they are:
Healthier & happier
95% reduced stress
95% improved mental health
90% improved physical health
95% better focus
92% more engaged at work
80% improved time management
Working better together
95% managing conflict better
85% collaborating better
82% improved communication
Germany's SAP evaluated success of a mindfulness program by putting a dollar value on mindfulness benefits. They tracked improvement in critical areas like focus, collaboration and decreased stress. They found a 200% ROI.
52% of companies offered mindfulness training programs in 2018.
Another 23% considered it for 2019.