Human Resource Leadership
There currently remains a lack of tools and resources available to provide assistance to employees with depression, despite the 14 million Americans suffering from the disease. Recent results from The Impact of Depression at Work Audit (IDeA) found nearly a quarter (23 percent) of survey respondents indicated they had been diagnosed with depression in their lifetime and two in five (nearly 40 percent) of those participants reported taking time off of work – an average of ten days a year – as a result of their diagnosis. Furthermore, 35 percent of managers surveyed revealed they receive no formal support or resources to guide people with depression.
Depression is affecting businesses directly, making employers a vital part of decreasing stigma and increasing help-seeking behaviors for its employees with depression. Furthermore, there is a cost correlation between mental health and workplace productivity, as researchers have found depression costs employers $44 billion annually in lost productivity, while mental illness short-term disability claims are growing by 10 percent.
After establishing the very critical need to address depression in the workplace, the session will discuss several barriers organizations face and resources available for employers to support their employees suffering from depression, including Right Direction, a resource for employers to help better support the mental health and productivity of their workforce.
In this session attendees will gain:
• An understanding of the prevalence of depression and depression’s impact in the workplace, as well as the direct cost connection between mental health and workplace productivity
• Insights into the barriers to addressing depression, including stigma and lack of resources available to employers
• Overview of the Right Direction initiative, a resource for employers in better supporting the health and productivity of their workforce
• Case study examples (2-3) highlighting the successful implementation of the Right Direction initiative, including initial steps to implementation, overcoming challenges/barriers, and results/outcomes/next steps