Estimates of Economic Gain based on LEO intervention:
$5,914 – $6,419 lost per employee per year due to depression 1, 3, 7
LEO impact estimate: 42% reduction in depression multiplied by $5,914 - $6,419 saved = $2,483 - $2,696 gain per employee per year
$1,967 – $2,280 in productivity lost per employee per year due to sleep deprivation 2, 4, 5
LEO impact estimate: 40% improvement in sleep multiplied by $1,967 - $2,280 saved = $787 - $912 gain per employee per year
Total economic gain for sleep improvement + depression reduction alone =
$3270-$3608 per employee per year
Evans-Lacko, S., & Knapp, M. (2016). Global Patterns of Workplace Productivity for People With Depression: Absenteeism and Presenteeism Costs Across Eight Diverse Countries. Social Psychiatry and Psychiatric Epidemiology, 51(11), 1525-1537.
Hult, V., & Russell, A. (2016). The Wake-up Call: The Importance of Sleep in Organizational Life. Hult International Business School, IBSN: 978-1-910025-14-7.
Innstrand, S. T., Langballe, E. M., & Falkum, E. (2012). A Longitudinal study of the relationship between work engagement and symptoms of anxiety and depression. Stress & Health: Journal Of The International Society For The Investigation Of Stress, 28(1), 1-10.
Kessler, R. C., Berglund, P. A, Coulouvrat, C., Hajak, G., Roth, T., Shahly, V., Shillington, A. C., Stephenson, J. J., & Walsh, J. K. (2011). Insomnia and the Performance of US Workers: Results from the America Insomnia Survey. Sleep, 34(9), 1161-1171. https://doi.org/10.5665/SLEEP.1230
Rosekind, M. R., Gregory, K. B., Mallis, M. M., Brandt, S. L., Seal, B., & Lerner, D. (2010). The Cost of Poor Sleep: Workplace Productivity Loss and Associated Costs, Journal of Occupational and Environmental Medicine, 52(1), 91-98, doi: 10.1097/JOM.0b013e3181c7830
Woo, J., Kim, W., Hwang, T., Frick, K.D., Choi, B.H., Seo, Y., Kang, E., Kim, S., Ham, B., Lee, J., & Park Y. (2011). Impact of Depression on Work Productivity and Its Improvement after Outpatient Treatment with Antidepressants. Value in Health, 14(4). 475-482. ISSN 1098-3015, https://doi.org/10.1016/j.jval.2010.11.006.
Greenberg, P. E., Fournier, A., Sisitsky, T., Pike, C. T., & Kessler, R. C. (2015). The Economic Burden of Adults With Major Depressive Disorder in the United States (2005 and 2010). Journal of Clinical Psychiatry, 76(2), 155-162, https://doi.org/10.4088/JCP.14m09298