Locations
Auckland, New Zealand · Auckland, New Zealand · Auckland, New Zealand
industry
Health · Mental Health Care
Size
11-50 employees
Stage
Other
founded in
2018
You don’t have to look too far to see that the world needs companies like Groov right now to dramatically improve mental wellbeing and performance at work. Just look at the stats: ➕ 76% of U.S. workplaces experience anxiety or depression, requiring a new framework for mental health and wellbeing in the workplace by the U.S. Surgeon General. ➕ $300 billion USD is the estimated cost per year as a result of excessive stress and 120,000 preventable deaths, according to McKinsey. ➕ £100 billion costs to UK employers per year as a result of poor employee mental health, according to calculations by Public Health England. ➕ $48 billion USD is the estimated cost per year in productivity as a result of unplanned employee absences due to mental health issues, according to Gallup - which doesn’t account for other mental health-related costs, such as employee turnover, medical expenses, and diminished colleague productivity.
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