Why Employee Wellbeing
Wellness in the workplace as has three components.
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Health and Safety: Driven by government policy and statutory requirements and implemented via HR in day to day business.
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Managing Ill Health: 'Reactive' interventions that will drain resources for all companies, yet a very real cost and one that will never go-away completely.
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Prevention and Promotion: Interventions designed to prevent and promote healthy activity.
In the 2008, government commissioned, PriceWaterHouseCoopers study, it was found that for everyone £1 a business spends on a wellbeing programme, the return on investment can vary from £2.67 to £34 per person.
The table below illustrates exactly where the return on investment in an Employee Well Being Programme will be made: Click here to see what SERVICES we offer.
Improving |
Reducing |
|---|---|
Health & Wellbeing |
Stress Levels |
Engagement & Retention |
Sickness Costs |
Recruitment & Retention |
Staff Turnover |
Productivity & Motivation |
Training Costs |
Product & Service Quality |
Recruitment Costs |
Brand & Corporate Image |
Health Insurance |
Customer Satisfaction & Loyality |
Liability Cover & Litigation Risk |
Absence Rates |
Poor Performance |