Mental health in the workplace
The business costs associated with mental health issues are staggering. The most recent estimate for the annual economic burden of mental illness in Canada was over $50 billion.1 And the business reality is that roughly 30% of short- and longterm disability claims and 70% of workplace disability costs are due to mental illness.2 These costs aren't sustainable, which explains why many organizations have increased their suite of health and wellness initiatives in recent years.
Investments in workplace mental health yield benefits well beyond productivity and can help attract and retain talent and manage risk.3 Our extensive suite of mental health supports and coverage options can help ensure that plan members and their families who are struggling can get the help they need.
1. Centre for Addiction and Mental Health, “The Crisis Is Real.” 2. Chapman and others, “The ROI in Workplace Mental Health Programs.” 3. Conference Board of Canada, The, “Future-Proofing Investments in Workplace Mental Health: Meeting Employees’ Evolving Needs.”
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