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New mental health statistics – Mental as anything

New mental health statistics – Mental as anything (Last Updated On: October 23, 2014)

Stress related compensation claims are ballooning! New mental health statistics from the WorkCover and Fairfax reports a steep incline of stress related employment claims. Victoria is the state with the most prominent problems with mental health in the workplace. Claims incurred employers over $273 million in payouts in 2013-14 alone and the figure is rising year by year.

The issue stands with the current work-life balance. Many Australians don’t spend enough time with family and friends and are consumed by their job and they are bringing their work home.

58 psychological claims are made in Victoria each week. These numbers are causing headaches for employers for a few reasons:

  • The average compensation payout has increased from $73,000 to $90,000 in only 4 years;
  • A normal stress claim is most likely to be more expensive and remain open for longer than a physical injury claim;
  • Staff members are better educated and have more avenues in which to make an employment claim and;
  • Changes to legislation has increased the number of different employment claims a staff member can make.

Employers can avoid stress related claims from staff by simply being aware of their staffs’ current mental state. Employers can conduct team building exercises or social events to lift workplace culture and morale. It is also important to offer a probation period upon hiring to ensure that if a staff member struggles with the cultural fit there is the opportunity to address issues in probationary meetings.

If you would like to discuss the current mental health status with your current staff but do not know how to start the conversation, call Employsure on 1300 651 415. We can assist you by implementing correct employment policies and procedures but also equip you with the knowhow of how to appropriately address or avoid employment claims.

*Information sourced via the Smart Company website.

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