Suncorp is a leading Australian and New Zealand insurance, banking and superannuation group. In 2013, Suncorp identified mental health and wellbeing as a specific and emerging risk affecting their people. They are not alone. Recent reports suggest that mental health and wellbeing in the workplace is a significant challenge facing most businesses in Australia.
- The Australian Psychological Society Stress and Wellbeing in Australia Survey 2013 identified that working Australians are reporting decreasing levels of wellbeing and rising stress in the workplace;
- In 2013, Comcare reported that workplace stress and psychological injury is estimated to cost Australian businesses $30 billion dollars in 2013 through direct and indirect costs associated with stress and psychological injury compensation claims, low engagement, and reduced productivity.