Being present doesn’t always mean being well.

Presenteeism is costing Portuguese companies an estimated €8.9 billion every year in lost productivity, according to the Portuguese Psychologists Association.

That’s nearly twice the estimated cost of absenteeism. Employees may be physically present but struggling with stress, exhaustion or mental health challenges that affect their performance.

Being present doesn’t always mean being well.

Cozecare believes workplace mental health should go beyond reactive solutions, focusing on prevention, continuous support and accessible psychological care.

Because employee wellbeing shouldn’t be addressed only when people reach breaking point.

Source: Portuguese Psychologists Association (OPP), 2026.