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POWR INSIGHTS
a costly epidemic
IRELAND
2002
2009
2015
Work related stress cost the
Irish Economy upwards of
The economic ...
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Work stress - a costly epidemic.

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A timeline review looking at the negative impact workplace stress has had on the UK, USA and Irish economies.

Published in: Recruiting & HR
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Work stress - a costly epidemic.

  1. 1. POWR INSIGHTS a costly epidemic IRELAND 2002 2009 2015 Work related stress cost the Irish Economy upwards of The economic cost of mental ill health was UNITED KINGDOM €200,000,000 €3 BILLION 82% of Irish employees surveyed were experiencing increased work related stress WORK STRESS By 2021 occupational stress will be the largest cause of absenteeism and decreased productivity in the global workforce (overtaking lower back pain). 2004 Mental ill health cost the economy 2009 Employees reported to be at work rose from 18.5% in 2005 to 26% 2013 Work related stress costs economy 2015/2016 Stress accounted for of all lost working days due to ill health 2005 Stress at work cost the economy about a year in lost output 2012 Stress cost the UK 2014 Mental health issues cost the economy UNITED STATES OF AMERICA 2012 66% of employees can’t focus at work because of stress. 2015 2016 Workplace stress costs the economy up to $190BILLION US Employers spend per annum on health and wellbeing $900PEREMPLOYEE £3 BILLION £100 BILLION VERY STRESSED £6.5 BILLION £70 BILLION £3.7 BILLION 45% Stress still represents the leading health challenge faced by employers and employees globally yet findings from a Global Survey demonstrate that only52%ofemployersworldwide measure specific outcomes from their wellness programs. SOURCES https://www.theguardian.com/money/2005/may/16/workandcareers.mentalhealthhttp://www.who.int/en/ http://www.irishexaminer.com/business/82-of-irish-workers-stressed-351525.html http://www.forbes.com/sites/hbsworkingknowledge/2015/01/26/workplace-stress-responsible-for-up-to-190-billion-in-annual-u-s-heathcare -costs/2/#6a117157546c http://www.businessnewsdaily.com/2267-workplace-stress-health-epidemic-perventable-employee-assistance-programs.html http://www.nhs.uk/news/2012/02February/Pages/stress-sick-days-economic-downturn.aspx http://www.huffingtonpost.co.uk/natasha-shearer/work-related-stress-business_b_3545476.html http://www.bmmagazine.co.uk/news/stress-costs-uk-economy-3-7bn/ https://www.theguardian.com/money/2005/may/16/workandcareers.mentalhealth http://www.independent.ie/irish-news/cost-of-workrelated-stress-headache-for-employers-26030752.html http://www.imt.ie/opinion/guest-posts/the-economic-costs-of-mental-illness-in-ireland-21-04-2009/ the year to make a change2017Make

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