Employers Face £85bn in Costs Linked to Ill-Health 'Crisis'
A report by Keep Britain Working warns that 600,000 more people could leave the workforce due to sickness by 2030 without a 'fundamental shift' from businesses.
The report, led by Sir Charlie Mayfield, critiques the current model where individuals and the NHS tackle the 'rising tide of ill health' in UK workplaces.
Sickness must become a shared responsibility between employers, employees and health services.
Businesses face an estimated £85bn a year in costs related to illness, highlighting the need for a change in approach.
The report argues that a 'fundamental shift' is necessary to address the issue, with employers playing a key role in leading this change.
- Estimated cost to businesses: £85bn per year
- Potential workforce loss: 600,000 by 2030
Author's summary: Employers must lead a fundamental shift in addressing ill health at work.