Insights & opinion

Mindful Profits: The Economic Sense of Investing in Employee Mental Health in the UK

Navigating the complexities of mental health in today's uncertain world underscores the critical need for enhanced mental health care in the UK, where personal experiences and rising demands highlight the urgent necessity for improved patient safety, collaboration across sectors, and strategic investments in mental wellness, especially with the transformative potential of digital health technologies.

August 7, 2024
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Navigating the complexities of mental health in today's society, where we face a rapidly increasing amount of uncertainty, has instilled in me a profound appreciation for the critical role of mental health care in the UK. This issue is close to my heart, not just as a strategist deeply embedded in the mental health sector, but as someone who has personally navigated the challenges of mental health issues. My journey through these personal challenges has fuelled my passion for advocating for enhanced patient care and broader accessibility—it's a mission that feels both deeply personal and universally necessary.

The UK is facing a silent epidemic, with one in four individuals grappling with mental health issues, a situation that COVID-19 followed by inflation and wars has further exacerbated. The demand for mental health services is higher than ever, especially for children and young people, yet the resources and accessibility remain limited for many and on the decline for others.

The stark reality of the ever increasing amount of patients falling through the cracks of our mental health care system, leading to suicides, deaths related to eating disorders, fatalities from alcoholism, and more, is a painful acknowledgment that we are not doing enough to ensure the safety of those most in need. Despite our best efforts, we are not keeping our most vulnerable safe. This crisis of patient safety calls for a united front—a collaboration that transcends the boundaries between the NHS, social care, the private sector, and employers. It's time for us to come together, pooling our resources, expertise, and compassion, to forge a network of support that leaves no one behind.

mental health is important

The economic implications of mental health on businesses and the broader economy further illuminate the critical need for strategic investment in this area. Mental health-related absences cost UK businesses around £45 billion annually according to Deloitte, underscoring the tangible benefits that investing in mental wellness programs can bring. From a personal standpoint, seeing the transformation in workplaces that prioritise mental health has been nothing short of inspiring. It's a testament to the fact that when companies invest in the well-being of their employees, the dividends extend beyond financial savings to foster environments of productivity, engagement, professional development and higher staff retention. Deloitte also discovered that for every £1 spent employers will see an average ROI of £5.30 when they invest in their employees mental health.

“Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful.” – Albert Schweitzer

The advent of digital health technologies has been a beacon of hope for many, myself included. The accessibility of teletherapy services and wellness apps has revolutionised the way support is delivered, offering a lifeline to those who might be unable to access traditional care. This digital transformation highlights the potential of technology to bridge gaps in care and ensure that help is just a few clicks away.

Digital therapeutics should be embedded as part of a wider process redesign, ensuring that new technologies are used where appropriate and other activities are optimised. Operational efficiency in mental health care organisations is more than just a professional interest; it's a critical component of ensuring that services are safe, effective, and accessible. My own experiences have shown me the importance of streamlined processes that can adapt to the needs of diverse individuals. By optimising how care is delivered, we can ensure that resources are used effectively, reaching as many people as possible, improving both the quality of care and financial outcomes.

The journey towards improved mental health care in the UK is a path paved with challenges, but also with immense potential for transformative change. My passion for this cause, rooted in my own experiences, drives my belief that we can and must do better. By working together towards a future where quality care and accessibility are guaranteed for all, we can create a society where mental health is prioritised, understood, and supported—a goal that, from both personal and professional perspectives, is of paramount importance.

With the formation of a new government following the recent general election in the UK, we stand at a pivotal moment for mental health reform. Now is the perfect time to take decisive action and implement meaningful changes to improve mental health provisions. By prioritising mental health in policy-making and resource allocation, we can ensure that every individual has access to the support they need, ultimately fostering a healthier, more resilient society.

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