The National Institute for Health and Clinical Excellence (“NICE”), which recently published some new guidelines on promoting mental wellbeing, estimates that stress, depression and anxiety is costing UK employers an estimated £23.3 billion per year.

By any stretch of the imagination, this is a huge figure and one which, when tackled, can add directly to the bottom line results of the organisation. Amongst its recommendations, NICE suggests:

• A strategic and co-ordinated approach to promoting employees’ mental wellbeing.
• Assessing opportunities for promoting employees’ mental well being and managing risks.
• Looking at opportunities for flexible working.
• Training and re-enforcing the role of line managers.
• Supporting smaller businesses and medium sized businesses.

At a time when many organisations are facing real pressures financially, there could be a golden opportunity to improve people and financial performance.

For more information visit the NICE website

Duncan Brodie of Goals and Achievements helps accountants and health professionals to achieve success and realize their professional potential through being highly effective leaders and managers. For more information and to sign up for his free audio e-course click here

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