Why Mental Health Matters at Work

SERIWorld.org Why Mental Health Matters at Work LEE Seung-chul Research Fellow, Samsung Economic Research Institute Korean firms are becoming more aware of employee mental health Workers are increasingly stressed Directions in employee mental health in Korea Mental health management systems Treatment for mental illness Detailed strategies to cope with daily problems O Job satisfaction Strengthen individual responsibility, link work and personal development (unit: 10,000 persons) 231 Prudential (US) 221 - Provided an aging parent support program (1990-1996) 200 205 Prevention e Focused management of vulnerable employees 182 Mental health management for overseas employees 170 158 Chiyoda (Japan) - Dispatched psychiat branches (2006-present) Expand company childcare facilities for dual income households and provide support for "wild goose" fathers and counselors to overseas 2004 2005 2006 2007 2008 2009 2010 Source: Health Insurance Database, National Health Insurance Corporation Initial discovery and treatment ® Reduce stigma for mental illness Early response OECD suicide rates Quad/Graphics (US) Promoting mental health not only improves productivity, it enhances the image of the company. Korea 31.2 -Distributed a mental health manual to its middle managers -Holds an annual stress test for all employees 30 | (unit: per 10,000 persons) 25 20 Japan Diagnosis and customized treatment Coffee by Design (US) 15 US OECDaverage 10 Germany Treatment 1996 1998 2000 2002 2004 2006 2008 2010 - Performed customer service training that considers mental health of employees Source: OECD Costs* from mental illness (2010) Other** (14.7%) Follow-up monitoring to return employees to the workplace Work losses Total: 23.5298 trillion won 20.664 trillion won (85.3%) Abbott (US) Follow-up - Returns its employees to work on an hourly basis, and after a series of interviews, returns employees to full-time work * SERI analysis based on data from the Ministry of Employment and Labor " Costs from medical care, attempted suicide, and early death Copyright © Samsung Economic Research Institute. All rights reserved. 0000 SERIWorld.org Why Mental Health Matters at Work LEE Seung-chul Research Fellow, Samsung Economic Research Institute Korean firms are becoming more aware of employee mental health Workers are increasingly stressed Directions in employee mental health in Korea Mental health management systems Treatment for mental illness Detailed strategies to cope with daily problems O Job satisfaction Strengthen individual responsibility, link work and personal development (unit: 10,000 persons) 231 Prudential (US) 221 - Provided an aging parent support program (1990-1996) 200 205 Prevention e Focused management of vulnerable employees 182 Mental health management for overseas employees 170 158 Chiyoda (Japan) - Dispatched psychiat branches (2006-present) Expand company childcare facilities for dual income households and provide support for "wild goose" fathers and counselors to overseas 2004 2005 2006 2007 2008 2009 2010 Source: Health Insurance Database, National Health Insurance Corporation Initial discovery and treatment ® Reduce stigma for mental illness Early response OECD suicide rates Quad/Graphics (US) Promoting mental health not only improves productivity, it enhances the image of the company. Korea 31.2 -Distributed a mental health manual to its middle managers -Holds an annual stress test for all employees 30 | (unit: per 10,000 persons) 25 20 Japan Diagnosis and customized treatment Coffee by Design (US) 15 US OECDaverage 10 Germany Treatment 1996 1998 2000 2002 2004 2006 2008 2010 - Performed customer service training that considers mental health of employees Source: OECD Costs* from mental illness (2010) Other** (14.7%) Follow-up monitoring to return employees to the workplace Work losses Total: 23.5298 trillion won 20.664 trillion won (85.3%) Abbott (US) Follow-up - Returns its employees to work on an hourly basis, and after a series of interviews, returns employees to full-time work * SERI analysis based on data from the Ministry of Employment and Labor " Costs from medical care, attempted suicide, and early death Copyright © Samsung Economic Research Institute. All rights reserved. 0000