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A recent study by Vitality, a health and life insurer, has revealed that poor health is taking a toll on the U.K. economy, costing an estimated £138 billion annually. This economic impact stems from both formal absences and reduced productivity at work.

Vitality's 2023 Britain's Healthiest Workplace survey found that U.K. workers lose an average of 6.1 days per year due to formal absence. However, the majority of lost working hours result from employees not working effectively due to various health issues. Mental and physical health concerns such as musculoskeletal conditions, depression, and poor sleep quality contribute to an average loss of nearly one day per week for employees.

Impact of poor health on workplace productivity

Analysis highlights that mental health issues have the most significant negative impact on productivity. Those at risk of depression, fatigue, and burnout lose substantially more productive days compared to their healthier counterparts.

However, physical health issues like poor diet, obesity and musculoskeletal conditions also negatively influence workplace productivity. A notable generational divide is observed, with employees under 30 experiencing a 64% higher productivity loss compared to those over 50. While younger individuals report better physical health, they face higher levels of mental health concerns, indicating the need for targeted support.

The role of employers in addressing health and productivity

Despite the evident correlation between health and productivity, employees feel that workplace culture falls short of supporting their well-being. A significant proportion believes their managers do not care about their health, underscoring the need for a more supportive environment. This can be related to a survey done by McKinsey in 2021, where employees believed that stigma about mental health still existed in the workplace.

Companies are introducing health interventions, but employee engagement remains a challenge. Vitality CEO Neville Koopowitz emphasizes the need for businesses to recognize the impact of health on productivity. Meaningful and informed actions that prioritize both mental and physical health are crucial. The study indicates an opportunity for significant mutual benefits for both employees and employers if health at work is effectively managed.