Mental Health. Our analysis of reporting and related employee wellbeing programmes across the FTSE 100. June 2015
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1 Mental Health Our analysis of reporting and related employee wellbeing programmes across the FTSE 100 June 2015
2 Introduction We carried out the FTSE 100 Mental Health Analysis in April 2015 to identify mentions of mental health or mental health risk management strategies in the 2014 annual reports of the UK s FTSE 100 companies. The purpose of the research was to raise awareness of the growing risk that mental health poses to businesses, and the importance of having the right processes to manage and support the workforce.
3 Key findings 1 2 Out of the 100 companies assessed, only FOUR Employee wellbeing is now recognised companies (GLAXOSMITHKLINE, ROYAL MAIL, as a serious factor to consider, with 89% WPP and REED ELSEVIER) discuss all the aspects of the companies assessed discussing it. covered in the analysis, ranging from employee In comparison, mental health is still not wellbeing programmes, to acknowledging mental being treated as seriously, with only 42% health issues in their workforce and reporting on of companies surveyed acknowledging it the latest year s statistics. as an issue.
4 Employee wellbeing Any discussion of employee wellbeing in FTSE 100 reports and accounts, 2014 Number of employee wellbeing programmes supported by FTSE 100 companies in 2014 Do not discuss employee wellbeing 11 % NUMBER OF PROGRAMMES Discuss employee wellbeing 89 % Flexible working hours Employee assistance Health and wellness workshops Health & wellness screenings Any other programmes
5 Mental wellbeing Acknowledge mental health issues Reporting on mental health stats Programmes on mental health Acknowledge mental health of employees as an issue 12 % Report on mental health stats for last year Have programmes on mental/ psychological health 58 % 42% 88 % 70 % 30 % Do not acknowledge mental health as an issue Do not report on mental health stats Do not have programmes on mental or psychological health
6 INTRODUCTION KEY FINDINGS EMPLOYEE WELLBEING MENTAL WELLBEING INDICATOR COMPARISON FURTHER COMMENTARY METHODOLOGY Different approaches by 49 FTSE 100 companies to reporting and addressing mental health needs in 2014 (42 companies acknowledge mental health as an issue, and some have multiple programmes) NUMBER OF COMPANIES Acknowledge mental health issues in the workforce, and report on last year s statistics Acknowledge mental health issues, and have related programmes in place Run programmes for mental and psychological health, and report on last year s statistics
7 Employees on overseas placements are particularly vulnerable According to the OECD Policy Framework published in March 2015, at any given moment, some 20% of the working age population suffers from a mental illness, and 50% of workers will suffer a period of poor mental health during their lifetime. (OECD Policy Framework, 4 March 2015, p.3) If companies have people working overseas which applies to the majority of large corporate companies - the risks of mental health issues increase exponentially, and particular attention needs to be given to these employees, both prior to placement and during their placement, be it weeks, months or years. If labour markets are to function well, it is important that policy makers address the interplay between mental health and work. Companies need to be putting mental health risks at the top of their agendas.
8 Methodology We conducted this research by analysing all the information available on FTSE 100 company websites, including the Annual Report, the CSR Report, careers sections and sustainability sections.
9 Thank you To discuss any aspect of this research, please contact Chris Rofe,
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