Issues around wellbeing
In Week 1, we saw some of the reasons why employee wellbeing is an important issue for organisations. This can be seen in relation to issues such as long-term absence and morale and engagement, for example (CIPD 2018).
Cooper et al. (2010) argue that there are a number of key issues facing organisations as a result of mental health and wellbeing issues:
- Costs of depleted mental health to England as a whole are estimated to be £77 billion per annum
- Stress and a lack of wellbeing in the work are estimated to amount to £25.9 billion per annum. in the UK. This is a result of sickness absence, presenteeism and labour turnover.
- By 2004 ‘stress and mental ill health’ had become the main cause of early retirement in Germany, at 40%
(Cooper et al. 2010)
What further consequences might result for organisations and their employees if these issues are not addressed?
Post your thoughts in the comments and ‘like’ or reply to posts you find useful or interesting.
CIPD (2018) Health and Well-being at Work. Survey Report [online]. available from https://www.cipd.co.uk/knowledge/culture/well-being/health-well-being-work [27th March 2019]
Cooper, C.L. (2010) ‘Mental Capital and Well-being’. Stress and Health [online] 26 (1), 1-2. available from https://locate.coventry.ac.uk/primo-explore/fulldisplay?docid=TN_scopus2-s2.0-75849150189&context=PC&vid=COV_VU1&search_scope=Primo_Central&tab=remote&lang=en_US [10th May 2019]
Arnold, J., Randall, R. (2016) Work Psychology: Understanding Human Behaviour in the Workplace [online] Harlow, England: Pearson. available from https://locate.coventry.ac.uk/primo-explore/fulldisplay?docid=COV_ALMA2183136280002011&context=L&vid=COV_VU1&search_scope=LSCOP_COV&isFrbr=true&tab=local&lang=en_US [10th May 2019]
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