A survey found that poor mental health leads to 14 billion dollars of lost productivity for Indian employers per year
According to Deloitte's Mental Health Survey, poor employee mental health costs Indian employers USD 14 billion annually in lost productivity, absenteeism, and attrition. The emergence of COVID-19 has exacerbated a global trend of continuing increases in mental health issues.
India is thought to bear close to 15% of the global burden associated with mental health, according to the World Health Organization (WHO). According to a statement, Deloitte Touche Tohmatsu India conducted a survey on "Mental health and well-being in the workplace" to ascertain the current level of mental health among Indian employees.
In addition to examining the top stressors from the perspective of the employee, the poll offers an estimate of the annual economic cost of unwell employees to Indian enterprises. Workplace stress, which affects 47% of the professionals polled, is the main factor influencing their mental health. Financial and COVID-19 challenges are the next two major factors. As stated in the report, "these stressors manifest in a variety of ways, affecting both the personal and professional facets of an individual's life; frequently with associated social and economic costs." According to the report, poor mental health "costs Indian employers approximately USD 14 billion per year due to absenteeism, presenteeism, and attrition."