SUCCESS IS IN YOUR HANDS
Leadership commitment & visible action is needed for success in creating a workplace, that has engaged workers, positive culture & is productive & profitable
CAN YOU AFFORD THE COST OF MENTAL ILL-HEALTH IN YOUR WORKPLACE?
$200-$220
BILLION PER YEAR
Total cost of mental ill-health on Australia’s economy, government, and society
$60
BILLION PER YEAR
Direct impact on the Australian economy
$12.8
BILLION PER YEAR
Impact to Australian business:
• $2.6B in absenteeism
• $9.9B presenteeism
• $348M in workers’ compensation
12.1%
BURDEN OF DISEASE
Fourth highest burden of disease in Australia
HEALTHY AUSTRALIANS ARE LESS LIKELY TO BE ABSENT FROM WORK, ARE MORE PRODUCTIVE WHILST AT WORK AND ARE LESS LIKELY TO LEAVE THEIR JOB
There are clear financial benefits for workplaces with high psychosocial safety with higher profitability.
Benefits come from decreased mental injury claims, engaged employees, increased productivity, profits and higher performing teams, that are more innovative, resilient and creative.
High turnover is costly. Replacing a single worker costs approximately 20% of that worker’s salary.
It is anticipated that realistic improvements in mental health could lead to 30 percent greater workforce participation, with greater participation from women and older Australians.
AN INDUSTRY AT RISK!
THE STATE OF MENTAL HEALTH IN VICTORIAN MANUFACTURING
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At its high point, in the post war boom of 1950-51, manufacturing accounted for 29% of all employment.
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More recently (2016), manufacturing accounts for only 7% of the total Victorian workforce.
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Yet, Victorian manufacturing is an area of economic strength for the nation, the state, and its regional communities delivering 27% of income for the sector, exporting $17.88 B in manufactured goods in 2015/16.
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Home to 30% of the Australian manufacturing workforce with 270,300 workers, second only to NSW with 270,900 workers.
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The manufacturing sector is operating in an increasingly competitive international environment.
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Developing nations are building capability and reduced labour costs are putting increasing pressure on Australian manufacturing to increase productivity and efficiency.
CHANGING CULTURE IS HARD AND WITHOUT SUPPORT FROM THE TOP, IMPOSSIBLE.
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Overarching commitment from management is essential to create thriving organisational culture. But it is the supervisors that have the greatest influence.
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Supervisors and leaders are ambassadors of your workplace’s goals and values. They have the power to set the tone of the organisation as they translate management’s values and direction to the broader workforce.
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Supervisor support is one of the strongest influences on worker performance, wellbeing and in creating and maintaining a psychosocially safe work environment.
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Supervisor commitment, training and action are the most important factors in achieving and maintaining a thriving, productive, and psychosocially safe workplace.
We know your supervisors are busy, and their time is precious. That is why we have developed the No Stress M8 toolbox. It has been designed by the sector and informed by best-practice research to create simple actions that deliver big impacts - that are not time or resource intensive.
So no M8 has to go home from work stressed.
TAKE ACTION WITH THESE TOOLS FOR YOU
Short on time? We’ve put together some high impact tools & resources to set your organisation up for change & success