Ungated Post | 30 Nov 2016
Added Value: Mental health as a workplace asset

This study, done in collaboration with the Mental Health Foundation, explores the experiences of people with mental health problems, assesses their contribution to the UK economy, and estimates the costs that mental health problems impose on the UK economy through foregone output.
As detailed in the Appendix, we found that people with mental health problems made up an estimated 15.9 percent of total employment in 2015. Of these, 75 percent worked in the private sector.
In 2015, people with mental health problems are estimated to have contributed £226 billion to UK GDP (12.1 percent the country’s economic output). That is nine times more than the cost of mental health problems to economic output: an estimated £25 billion in foregone gross value added the UK economy missed out on because people with mental health problems could not join the labour force, were less productive at work, took sick days off work, or required informal carers to leave the labour force.
Businesses should pay attention to the costs of mental health problems: an estimated £19 billion, or 76 percent, of the total foregone gross value added is estimated to affect the private sector.
Oxford Economics’ team is expert at applying advanced economic tools that provide valuable insights into today’s most pressing business, financial, and policy issues.
To find out more about our capabilities, contact:
Americas
Diantha Redd
+1 (646) 503 3052
Email
Asia Pacific
Peter Suomi
+65 6850 0110
Email
EMEA
Aoife Pearson
+44 (0)203 910 8054
Email
Related Services

Post
From opportunity to impact – Assessing the economic, societal, and cultural benefits of YouTube in Sweden
This study assesses YouTube's contribution to GDP and employment in Sweden, and its broader impact on society and culture.
Find Out More
Post
Från möjlighet till påverkan – Utvärdering av de ekonomiska, sociala och kulturella fördelarna med YouTube i Sverige
Denna studie utvärderar YouTubes påverkan på Sveriges BNP och sysselsättningsgrad samt samhället och kulturen.
Find Out More
Post
The economic importance of motorcycles to Europe – technical report
Motorcycle-related activity supports €21.4 billion of output (GDP) across Europe a year, sustains 389,000 jobs, and generates €16.6 billion of tax revenues, according to research by Oxford Economics.
Find Out More