Health & Wellbeing
In fact, research has found that employers consider health and wellbeing to cover issues such as stress, security and morale.
A key determinant of people’s wellbeing and at the heart of health and wellbeing is how well people are managed and supported. The role that line managers and teams play in providing this to employees, particularly in today’s changing climate, is therefore extremely important.
Employers are becoming increasingly aware of the performance benefits of investing in the health and wellbeing of their people. There are strong links with improving employee engagement. In the current economic climate, companies need to adapt and be innovative. Health and wellbeing programmes are proving to be very effective at helping organisations gain the buy-in of their employees, maintain their commitment and build their resilience.
Dame Carol Black, National Director for Health and Work
By imbedding good health and wellbeing practices, overall performance improvement can be encouraged rather than just minimising sickness and injury. Indeed, having a health and wellbeing programme in place can support a culture of happy and healthy employees, in turn providing improved productivity, attendance and motivation.
Recent research from PriceWaterhouseCoopers has also found that for every £1 an organisation invests in health and wellbeing, they could see a return of over £4 due to benefits such as reduced sickness and improved productivity – a statistic which highlights the importance of encouraging happy and healthy employees.
Health & Wellbeing Improves
- Employee engagement
- Ideas and innovation
- Morale and motivation
- Employee and talent retention
- Loyalty and advocacy
- High performance workplaces
Health & Wellbeing Reduces
- Absence rates
- Recruitment costs
- Agency cover costs
- Health insurance costs
- Litigation costs