You would be surprised how many business leaders are in the dark regarding the impact of employees health and unhappiness on their Team’s productivity.
The cost of ill health in the workplace
Is high and is rapidly becoming an issue that employers can no longer afford to ignore
1.2million people suffering from work related illness
27.3million lost working days
£14.3billion estimated cost of injuries & ill health
Poor workforce wellbeing accounts for more than a 25% reduction in productivity.
Industry has statistically significantly higher rates of non-fatal injuries than all other sectors. (Source HSE&CIPD)
Musculoskeletal disorders (MSD’s) were responsible for 9.5 million lost working days in 2005 (Source: HSE)
The average days lost, per MSD case, weighs in at between 15-17 working days
Each MSD case costs companies an average of £1400 – £1600
Mental Health in Manufacturing
The Centre for Mental Health calculated that presenteeism from mental ill health alone costs the UK economy £15.1 billion per annum, while absenteeism costs £8.4 billion.
The Review On Ergonomic Factors that Lead to Stress in Manufacturing Industry reported:
Manufacturing industrial job scope strongly associated with stress or depression symptoms
Evidence that workers in repetitive jobs were at especially high risk for mental and physical stress.
Work environment has a significant relationship with work ill health – noise, heat, cold, light, dust. (Source: Yeow,2012)