Promoting Suicide Prevention Is Good Business—And It Saves You Money!

Every CEO, every Executive, every member of upper management knows that it is good business to support and promote your employees health and well-being. It impacts employee morale and job satisfaction, increases their performance and productivity and provides a positive public corporate image.

When you consider the cost and impact depression and suicide have on American businesses, it becomes obvious that increasing your level of your crisis response and suicide prevention education and planning will positively impact your bottom line.

In addition to the humanistic impact depression and suicide have on the people you work with, their families and colleagues, the economic impact on your business is tremendous as demonstrated by the statistics for businesses operating in the U.S. and in New York State below:

  • 7% of full-time workers in the United States battled depression in the past year.
  • Total economic costs of depression totaled $83.1 billion in 2000 (up 10% from 1990).
  • Workplace costs made up 62% of the economic costs of depression in 2000 or $52 billion.
  • Depression is the leading cause of disability and suicide in the United States.
  • Workers with depression have between 1.5 and 3.2 more short-term work disability days per month than their non-depressed counterparts.
  • In NY State, the average work-loss cost per suicide attempt is $12,984, the average work-loss cost per completed suicide is $1,477,855