Loneliness NZ


Share on …

Employer costs of loneliness

The New Economics Foundation has prepared a considered report on the employer costs of  loneliness (New Economics Foundation 2017).  They found that the total annual costs of employee loneliness is ₤2,265 (NZ$4,408) per lonely worker.  This was made up of sickness absence (NZ$39), lower productivity (NZ$1,269), and lower staff retention (NZ$3,100) (see figure).  In addition, about 10% of UK workers are also carers outside of work.  The additional cost to employers of this burden outside of work as it relates to loneliness was estimated at ₤73 (NZ$143) per working carer. To put these figures in context, according to the New Economics Foundation, they represent about 8% of the annual cost to UK employers of mental ill-health.

Diagram showing employer cost of loneliness

Navigating the financial costs of loneliness

Please click one of the coloured blocks to go to another page about the financial costs of loneliness.

 

New Economics Foundation (2017), “The cost of loneliness to UK employers”, February. Read the report.