Annual cost to UK companies as a result of poor mental health
Impact – Why Employee Well-being Matters
People matter and that includes their physical and mental health. If employees are not cared for, there will be knock-on effects through the business, and society. A culture of working long hours is counterproductive. Absenteeism and presenteeism is costly to business and society, impacting on productivity and the well-being of a whole team.
No one should be doing their job fearful of becoming unwell nor feel forced to come to work even if unwell. Responsible organisations will strive to have supportive line management who will allow open, honest discussion without concern of punitive repercussion.
Our Stance On – Sick Pay
The Good Business Charter strongly encourages members to, where possible, pay staff members generous sick pay when unable to work. At the very least, we would expect sick pay to match or exceed the Real Living Wage and be paid without waiting days. In all cases we encourage dialogue between employers and their staff members about appropriate arrangements.