Wellbeing strategies on the rise
The number of firms with an employee wellbeing strategy has doubled in just a year, according to a report from the Reward & Employee Benefits Association (REBA) in association with Punter Southall Health & Protection.
45% of companies now have a wellbeing strategy in place, compared with less than a third in 2016. The report, Employee Wellbeing Research 2017: The evolution of workplace wellbeing in the UK, Of those that do not, virtually all plan or wish to implement one, with 46% planning on implementing one this year, 24% in the next few years and a quarter (25%) some time in the future.
The report also uncovered a number of other trends including bad eating habits and lack of moving from officec hairs during the work day (checkout link to full article on the findings below this article). The most common wellbeing initiatives are employee assistance programmes (89%), followed by discounted or free gym membership (78%), then health screenings (63%).
Beate O’Neil, head of wellbeing consulting at Punter Southall Health & Protection, said: “The jump in companies promoting employee health and wellbeing to improve their culture and engage employees demonstrates that wellbeing is no longer a ‘nice to have’, but an area of growing strategic importance.
Employee wellbeing has long been associated with an improvement in worker productivity and the overall culture of the company, there is now a lot of statistical evidence linking the two so it is crucial for any business to put aside the small financial cost of such initiatives to get the benefit of them.
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Link to full article on this issue with more in-depth quotes, please follow this link to HR magazine: http://www.hrmagazine.co.uk/article-details/wellbeing-strategies-on-the-rise