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Investing in depressed employees — quickly getting them treatment and even offering telephone psychotherapy — can cut absenteeism while improving workers' health, a study suggests. Many employers view mental health coverage as a financial black hole, but the study shows that spending money on depression is a smart business move. Employees who got the aggressive intervention worked on average about two weeks more during the yearlong study than those who got the usual care — advice to see their doctor or seek a mental health specialist. Also, more workers in the intervention group were still employed by year's end — 93%vs. 88% — savings that helped employers avoid hiring and training costs. In addition, intervention employees were almost 40% more likely to recover from depression during the yearlong study.
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