Over half of British employers (54 per cent) have been approached by staff suffering mental ill health, a new survey by the Institute of Directors (IoD) has revealed.
Ninety eight per cent of business leaders surveyed said good mental health is important to the performance of their organisation. However, just 14 per cent have a formal mental health policy in place and fewer than one in five offer line management training.
In a new paper titled "A little more conversation", the IoD called on UK businesses to set up formal mental health policies and integrate mental health awareness into line management training. The paper cited OECD statistics that showed that mental health costs the UK some five per cent of GDP.
Excerpt from City AM, read the full report here
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