Employees - your most Valued Asset
- 35 Working Professionals Die By Suicide EVERY DAY In India
- 42.5% Employees In India Are Suffering From Depression Or Some Kind Of Mental Health Illness
- The Pandemic Has Exacerbated Mental Health Issues, Some Studies Showing That More
- Than 50% Of All Employees Are Worried About Their Future.
An average employee suffers from a range of stresses which may increase the risk factors for suicide, such as:
- Job insecurity
- High pressure environments with ambitious goals and tight deadlines
- Fierce competition between colleagues
- Challenges in balancing work with family obligations and time off
- Lack of support from colleagues
- Stress related to appraisals and office politics
- Workplace bullying
- Long working hours
- Social isolation. The pandemic has exacerbated these tensions by pushing employees to work from home.
Access the Basic programs for MHPs here
This study shows suicide cost and return on investment on suicide prevention strategy. For every AU $1 invested there is a return of AU $4.60, representing a positive economic investment of public funds .
The average cost associated with an incident involving a short-term absence is estimated to cost AU $925; each self-harm incident resulting in full incapacity is estimated to cost AU $2.78 million; and each suicide incident resulting in a fatality is estimated to cost AU $2.14 million. The key cost driver in both full incapacity cases and a fatality is lost income (and taxes), and, for full incapacity only, the additional cost of welfare payments. Given the average age of each suicide is 37.7 years in NSW, this equates to a loss of 27.3 years (65 years − 37.7 years) in potential productive employment.
Proactive efforts to prevent suicide can have a higher return on investment as good mental health leads to
- Increased self-esteem
- Good job performance
- Reduced labour turnover
QPR Training Helps
A study reported that 55% of the participants exhibited acceptable gatekeeper skills after a 1-hour QPR gatekeeper training. Despite the training’s focus on education and awareness, 50% of the sample demonstrated the ability to use QPR. During a follow-up post 6 weeks after training, participants mentioned having discussions with coworkers, family and friends about the GKT and suicide prevention. 90% thought about what they learned since the training, 88% reported feeling more aware of the risk factors and over 50% identified themselves as ‘gatekeepers’