Jaemin Frazer (B&T Magazines)
According to a ABS study, almost half of all working Australians will experience a mental health condition in their lifetime. It is estimated that these mental health conditions cost Australian workplaces approximately $10.9 billion per year. A figure that has doubled in recent years and comprises $4.7 billion in absenteeism, $6.1 billion in presenteeism (when an employee is at work but is less productive than usual because of illness or injury) and $146 million in compensation claims.
While it must be said that some workplace strategies to combat this trend do make a difference, for all the increased awareness and conversation about the growing mental health issue, the problem only continues to grow. There are three main reasons why talking about mental health has not reduced the amount of mental health issues in the workplace.
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