Mental Health Cost Calculator

Formula Explanation

The total cost of mental health issues is calculated as: Absenteeism Cost + Presenteeism Cost + Turnover Cost

Breakdown of Costs:

• Absenteeism Cost = ( of total employees) × ( absenteeism days per affected employee) × (average salary) ÷ ()
• Presenteeism Cost = ( of total employees) × (average salary) × ( productivity loss per affected employee)
• Turnover Cost = ( of total employees) × (average salary) × ( increased turnover risk) × ( as replacement cost)

Key Assumptions:

• of employees experience mental health issues.
• Each affected employee misses per year due to absenteeism.
• Each affected employee experiences a drop in productivity due to presenteeism.
• Mental health issues increase turnover risk by .
• Replacing an employee costs .
• per year.