In 2019-20, Mental stress was the fourth largest cause of serious workers’ compensation claims responsible for 8% of serious claims. It is becoming increasingly important for employers to better manage psychosocial employee wellbeing.
Untreated mental health conditions cost Australian workplaces $10.9 billion per year – $4.7 billion in absenteeism, $6.1 billion in presenteeism and $146 million in compensation claims, according to a PwC and Beyond Blue report on mental health in the workplace.
Absenteeism, reduced productivity, and compensation claims cost Australian workplaces approximately $11 billion per year. Read our “In the Courts” section detailing fines of $730,000 across three companies for not managing this crucial element of employee health and wellbeing.
What are the benefits to business for putting in place processes to manage Psychosocial wellbeing in the workplace?
- Higher employee retention
- Lower workers compensation premiums and claims
- Reduced absenteeism
- Increased productivity
- Happier employees
We have you covered!
WorkWell Safety (Powered by Elliott Safety) offer a comprehensive pack to help ensure your organisation meets its legal obligations to manage Psychosocial hazards in the workplace. Psychosocial health is becoming an area of increased focus by all state and territory government safety bodies.
Our package includes:
- Health & Wellbeing Management Plan
- Health & Wellbeing Company Risk Assessment Tool
- Incident/Complaint Management Framework & Reporting Form
- Employee Warning Letter
- Performance Improvement Plan
- WorkWell Safety Poster – Helplines
- WorkWell Safety Poster – Inappropriate Workplace Behaviour
- Training: We are currently developing a training package for middle and upper management
Our team can also assist you with the risk assessment and implementation of controls and we are in the process of developing additional training packages. Contact us for more information – 0417 211 893 or info@workwellsafety.com.au.
