The KHC provides an opportunity for employers to share best practices around employee health and wellness. If you are an HR Manager, Benefit Manager, Multi-Employer Trust Fund Administrator, or have responsibility for your company’s healthcare benefits and wellness and would like to be invited to this event, please email Michele Ganote.
The Staggering Impact of Depression on a Company’s Bottom Line and Resources for Employers to Tackle This Growing Health Challenge
Unbeknownst to many employers, the shocking ONE IN 10 Americans living with depression goes beyond the personal realm to significantly impact the bottom line of companies from every sector, ultimately costing employers BILLIONS OF DOLLARS ($102B) each year. By 2030, depression is expected to be the NUMBER ONE contributor to the worldwide burden of disease. Yet, despite treatment advances, ONLY ONE-THIRD of people with diagnosable mental health conditions seek care, which directly increases the cost for employers through decreased productivity, presenteeism (being at work, but not engaged/productive) and absenteeism (days away from work).
Join the Kentuckiana Health Collaborative on Thursday, April 20 for an interactive session with Marcus Miles, Employers Health and Clare Miller, Workplace Mental Health. Employers are in a powerful position to help decrease the stigma and increase help-seeking behaviors for their employees with depression. This session will cover the ways in which DEPRESSION MANIFESTS itself in the workplace (what it looks like to employers/coworkers), address BARRIERS to confronting this growing issue, and most importantly, introduce a FREE solution to the problem: Right Direction, a FREE, first-of-its-kind RESOURCE that employers (including Zappos, one of the world’s largest online shoe stores) have effectively used to tackle depression in the workplace. Right Direction works to maximize existing EAPs to promote early recognition of symptoms and reduce the stigma surrounding mental illness, while also providing employers with a multitude of turn-key tools that can be customized to communicate with employees about depression, the symptoms, its effects on personal and work life, available resources to help employees and more.
- Understand the burden of depression in the workplace and ways it affects performance/productivity.
- Insights into the barriers of addressing depression, including stigma and lack of resources available.
- Access to tools to utilize in better supporting the mental health and productivity of their workforce.
- Case studies to provide an overview of successful implementation of the Right Direction initiative.
DATE: Thursday, April 20, 2017
TIME: 7:30 – 10:00 a.m., Breakfast at 7:30
LOCATION: Junior Achievement, 1401 West Muhammad Ali Blvd., Louisville, KY 40203
AUDIENCE: Employers, Trust Fund Personnel and Benefit Professionals ONLY
REGISTRATION: Email Michele Ganote for eligibility.
A recent survey (Impact of Depression at Work Audit (IDeA) shows that nearly 40 PERCENT of survey participants with depression reported taking an average of 10 DAYS OFF of work a year as a result of their diagnosis. In total, depression is estimated to cause 200 MILLION LOST WORKDAYS EACH YEAR and, no matter the field of work, these findings demonstrate a significant impact on employee performance and productivity. Respondents noted cognitive challenges had the most impact on their ability to work, defined as difficulty concentrating, indecisiveness and/or forgetfulness.
For businesses to thrive, it’s important that employers learn more about how to spot depression in the workplace, such as:
- Missed deadlines and work days
- Trouble making decisions and concentrating
- Poor relationship with coworkers
While many employers seek to address depression in the workplace through an employee assistance program (EAP), there is a LACK OF RESOURCES AND KNOWLEDGE AVAILABLE to empower employees living with the disease to seek help, which only exacerbates this growing issue. In fact, according to IDeA survey results, 35 PERCENT of managers surveyed revealed they receive no formal support or resources to guide people with depression.
Clare Miller, Director
Partnership for Workplace Mental Health, American Psychiatric Association Foundation
Clare Miller joined the American Psychiatric Association Foundation in 2003 as its director for the Partnership for Workplace Mental Health. The Partnership collaborates with employers to advance effective approaches to mental health. Under her leadership, the Partnership has grown to a network of more than 9,000 employers and related health purchasing stakeholders; the program now responds to more than 100 employer inquiries per month. Before joining the Partnership, Clare was manager of the Center for Prevention and Health Services at the National Business Group on Health. Prior to that, she was the director of public policy for Mental Health America.
He also serves as Executive Director of the National Association of Worksite Health Centers, an affiliate of MBGH, dedicated to expanding the knowledge and capabilities of employer-sponsors of onsite health, pharmacy, fitness and wellness centers.
Marcas Miles is a senior communications and public relations professional with nearly two decades of progressive experience. Currently with Employers Health, a national coalition of employers based in Ohio, he has spent most of his career in the health care and workforce development sectors. An emerging thought leader in addressing depression in the workplace and improving worker productivity, he has broad experience in assisting employers to leverage health benefits to improve cost, quality and accessibility of high-value health care services. He works to establish relationships with decision makers and other health care purchasers and influencers and has an excellent grasp of the challenges faced by today’s human resource and benefits professionals.