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With COVID-19 depression and seasonal depression about to collide, employers could be dealing with greater absenteeism among employees and less productivity.
Mental health issues often force employers to bear a disproportionate share of the costs, many of which are related to employee absenteeism in the workplace. About 200 million workdays are lost each year due to depression, costing employees between $17 billion and $44 billion, according to the Centers for Disease Control and Prevention.
Amanda Schiavo is an associate editor of Employee Benefit News. Follow her on Twitter at @SchiavoAmanda.
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