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The Elephant In The
BOARDROOM
The Cost of Mental Stress to the Australian Economy
INADEQUATE PLANNING 70% OVER FAIL
OF CHANGE EFFORTS
FOR EMPLOYEE HEALTH.
DUE TO
…STRESS
40%
OF PEOPLE FELT
EVERY DAY
TYPICALLY STRESSED OUT
34%
ACCOUNTING FOR
OF ALL LOST
PRODUCTIVITY.
&
33.8%
ARE SWORN
OR YELLED AT
OF EMPLOYEES
22.8%
HUMILIATED IN FRONT OF
OTHERS
PREFER TO SUFFER IN SILENCE.
OF EMPLOYEES WITH STRESS AND DEPRESSION
86%
AUSTRALIA IS PAYING THE PRICE FOR EMPLOYEE STRESS
Women account for
58.6% 41.4%
58.6% of mental health claims
33% Worker’s comp.
payments due to stress
33% Mental stress claims due to
WORK PRESSURE
22% Mental stress claims due to
HARASSMENT OR
WORKPLACE BULLYING
$250,000 AVERAGE PAYOUT
for mental stress claims
70% OF
EMPLOYEES WITH
WORK-RELATED
STRESS DIDN’T
CLAIM
BUT IT’S SET TO GET WORSE…
70% 30% 30% INCREASE
REPORTED
PSYCHOLOGICAL
INJURIES
2009-2012
THE ICEBERG IS GETTING BIGGER…
…IS YOUR BUSINESS THE ‘TITANIC’?
FIND OUT MORE:
HTTP://WWW.GRAEMECOWAN.COM.AU/ELEPHANT
Scott Keller and Colin Price, McKinsey: Beyond Performance:
how great organisations build ultimate competitive advantage
Medibank Private: Sick at Work - 2011
Australian Financial Review: R U OK? At Work Survey 2011
Safework Australia: The Australian Workplace
Barometer 2013
Safework Australia: The Incidence of accepted workers
compensation claims in Australia 2013
Australian Bureau of Statistics: 2009/10 work-related injury
survey
Sydney Morning Herald: Under Siege