Work-related stress costs UK economy £28 billion a year | Abroad

Work-related stress or burnout costs the UK economy £28bn (almost €32bn) each year and causes 23.3m sick days at work. This is according to a study published on Wednesday. One-fifth of the British are experiencing emotional difficulties, in our country, according to the study, this concerns 11 percent of the population.

The British are at “the highest risk of developing mental health problems than any other country” included in the study, according to the study by insurer Axa and British economic think tank CEBR. It is based on a survey of 30,000 people in 16 countries worldwide.

It shows that 21 percent of British adults have mental health problems. In the study, the UK is followed by the United States (17 percent), Belgium (11 percent), France and China (both 10 percent), and Switzerland (9 percent).

Nearly half of Britons are currently not in good mental health and at risk of burnout, which is having a major impact on the UK economy and businesses.

The British longevity crisis seems to have an extra large negative impact, say the study authors. In February, inflation in the UK rose to 10.4 percent. According to CEBR data, financial stress and employee headaches are costing UK businesses alone up to £6.2bn through sick leave and lost productivity.

However, the study also sees signs of improvement in the UK, as “the stigma around mental health issues is diminishing”. In addition, the number of people who are in “very good mental health” has risen sharply, reaching 23 percent of those surveyed.

ttn-3