The UK is currently facing what is being termed an «economic inactivity crisis,» with employers reportedly losing around £85 billion annually due to costs associated with sickness and poor workplace health, according to a significant report.
More than 20% of working-age individuals are now classified as out of work and not actively seeking employment, a higher proportion compared to other similar countries. This is resulting in a £212 billion annual cost to the UK, as highlighted in the Mayfield review.
Sir Charlie Mayfield, the author of the report and former John Lewis boss, emphasizes that poor health has emerged as a major hindrance to growth and opportunities, but he asserts that this situation is not unavoidable.
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The report, released recently, indicates that there are currently 800,000 more individuals out of work due to health issues compared to 2019, and without urgent action, another 600,000 individuals will join this group by 2030.
Sir Charlie’s research suggests that a 22-year-old who is unable to work due to health reasons could suffer a loss of over £1 million throughout their lifetime. Furthermore, employers are experiencing an average daily loss of £120 in profits due to absences.
The financial impact on the state is also substantial, amounting to 7% of GDP or nearly 70% of the income tax collected, resulting from «lost output, increased welfare payments, and additional strain on the NHS,» which is deemed unsustainable.
The report estimates an additional annual burden of around £47 billion on welfare payments and NHS services.
One of the factors contributing to the escalating absences is a pervasive «culture of fear» prevalent amongst both employers and employees, hindering open communication and early disclosure of health issues, according to Sir Charlie’s findings.
Sir Charlie highlights the absence of an effective and consistent support system for employers and employees in managing health issues and addressing barriers faced by disabled individuals, which he attributes to structural deficiencies.
He believes that these challenges are not insurmountable, stating, «What is missing is coordination, focus, and a coherent framework for change.»
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Sir Charlie’s report advocates for a significant shift from the current model where health at work is primarily the responsibility of individuals and the NHS, to a model where it becomes a shared responsibility among employers, employees, and health services.
Employers are urged to prioritize prevention, support rehabilitation, and eliminate barriers for disabled individuals, according to his recommendations.
His message to employees is clear: «Work can be demanding. Setbacks are part of life. Health and work may not always align seamlessly, but they are mutually beneficial.» Supportive workplaces and personal responsibility are both crucial factors in promoting a healthy work environment. The government is urged to take action to enable and incentivize employers and employees to prioritize mental health and well-being. Collaboration across different departments and the implementation of workplace health provisions are essential steps in fostering a healthy working environment. Employers play a key role in preventing health issues, supporting employees, and promoting economic growth. By working together with the government and businesses, we can create a healthier and more prosperous society. Please rewrite this sentence. Please rewrite the following sentence for me. Please provide a statement for me to rewrite. Could you provide a different version of the text?
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