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Michelin Realizes ROI In Fighting Mental Illness

May marks Mental Health Awareness Month, a sober reminder of an illness that is still hush-hush for many businesses and costs $210 billion every year. So reports the Spartanburg Herald-Journal.

Tire-maker Michelin North America is stepping up to remove the stigma often associated with depression and get more employees to seek help, Michelin’s human resources officer David Stafford said at a symposium earlier this month.

Nearly 20% of Michelin’s 22,000 employees have used the company’s metal health services, compared with a 10.4% average for all employers, says Jim West, manager of Michelin’s behavioral health program. This has resulted in a 30% reduction in outpatient claims spending and a 182% return on investment.

Read the full article from the Spartanburg Herald-Journal.

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