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Workplace Stress: A Hidden Risk Factor for Suicide

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Reduced Productivity

A lack of attention to worker mental health can lower productivity levels.

Suicide Risks

Ignoring mental health can lead to suicide ideation and attempts.

Increased Absenteeism

Employees may take more short and long-term disability days.

Disability Claims

More stress leads to increased disability claims.

Job Dissatisfaction

Neglecting mental health results in lack of job satisfaction.

Employee Turnover

Increased stress leads to higher employee turnover rates.

Access the Basic programs for MHPs here

This study shows suicide cost and return on investment on suicide prevention strategy. For every AU $1 invested there is a return of AU $4.60, representing a positive economic investment of public funds.

The average cost associated with an incident involving a short-term absence is estimated to cost AU $925; each self-harm incident resulting in full incapacity is estimated to cost AU $2.78 million; and each suicide incident resulting in a fatality is estimated to cost AU $2.14 million. The key cost driver in both full incapacity cases and a fatality is lost income (and taxes), and, for full incapacity only, the additional cost of welfare payments. Given the average age of each suicide is 37.7 years in NSW, this equates to a loss of 27.3 years (65 years − 37.7 years) in potential productive employment.
 

Proactive efforts to prevent suicide can have a higher return on
investment as good mental health leads to :

QPR training helps

A study reported that 55% of the participants exhibited acceptable gatekeeper skills after a 1-hour QPR gatekeeper training. Despite the training’s focus on education and awareness, 50% of the sample demonstrated the ability to use QPR. During a follow-up post 6 weeks after training, participants mentioned having discussions with coworkers, family and friends about the GKT and suicide prevention. 90% thought about what they learned since the training, 88% reported feeling more aware of the risk factors and over 50% identified themselves as ‘gatekeepers’

Promoting Employee Mental Wellbeing

Mental Wellbeing Promotion

Reduced Suicide Risks

Promoting mental wellbeing significantly lowers suicide ideation among employees.

Workplace Interventions

Screening and case management improve employee mental health outcomes.

Higher ROI

Workplace mental health programs have shown a 9:1 ROI in the first year.

Cost Savings

Studies estimate savings of £19,700 per 500 employees due to reduced absenteeism.

Source Intervention Impact
McDaid, King & Parsonage (2011) Workplace screening for depression & anxiety, followed by CBT sessions. Estimated savings of £19,700 (CA$31,155) per 500 employees.
McDaid et al. (2011) Multi-component workplace wellness program (workshops, screening, web portal). 9:1 ROI in the first year for a 500-employee company.