Depression affects more than 16 million Americans and is the leading cause of disability worldwide, costing the U.S. economy $210.5 billion per year in absenteeism, reduced productivity and medical costs, according to the Center for Workplace Mental Health.
In addition to feelings of worthlessness and thoughts of suicide, depression symptoms include losing interest in all or most activities, reduction or increase in appetite or sleep, and having difficulty concentrating.
It's not hard to see why employees with depression miss an average of 31.4 days per year and lose another 27.9 days to unproductivity.
The good news? Treatment works and is cost-effective. When employees receive effective treatment for mental health conditions, the result is lower total medical costs, increased productivity, lower absenteeism and decreased disability costs.
The Depression Calculator for Employers uses the latest research to model how depression impacts a company or organization, based on just a few key demographics.
How much time and money is your company losing to depression, and how much can you recover?
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