UK Businesses assess the benefits of Health and Wellbeing support for their employees
Recent research from Group Risk Development (GRiD) found that almost nine in 10 employers have benefited from supporting the health and wellbeing of their staff.
The results of the survey from over 500 leading UK businesses, found that nearly 90% of respondents said they have recorded manifested improvements as a result of a renewed focus on staff health and wellbeing.
A number of other key items were identified during the survey:
50% of the respondents said that supporting the health and wellbeing of their staff created loyalty and an enhanced level of engagement from staff as a result of this support.
Nearly 40% of employers said that supporting health and wellbeing is now integral to their company ethos and is helping to fulfil their business objectives.
With the cost of absenteeism usually underestimated, the main finding from the survey was that businesses confirmed that successfully managing health and wellbeing has led to a significant reduction in absenteeism.
A number of general outcomes emerged from the survey:
In the key area of recruitment and retention, many respondents said that supporting the health and wellbeing of staff acts as a differentiator making it easier to recruit and retain good quality staff.
Nearly 50% of employers noted increased difficulties in retaining staff over the last 12 months. Recruitment is becoming increasingly problematic with many stating the need to pay higher salaries or sign-on bonuses as a method of enticing new talent into their business.
Another major finding was that potential customers are now beginning to view staff wellbeing policies as a key factor in considering making major purchasing or investment decisions.
Whilst it is true that cultural shifts in business tend to need more than a feel-good factor to make a significant impact, it is now clear that a healthier workforce is both a happier and more productive one. In today’s workplace employees put more importance on what an employer stands for including their purpose and brand. This demands of businesses much more thought as to how they structure their Employee Value Proposition and how they ensure that it reflects the health and wellbeing support now expected by employees.
The cost of providing effective health and wellbeing support to employees need not be expensive and 1Stop4aGP provides cost effective solutions and successful outcomes for all sizes of business.
Our 1Stop4aGP Core service gives employees and their family unlimited access to:
24/7 remote GP consultation service and prescription delivery service
Our 1Stop4aGP: 360° service gives employees and their family unlimited access to:
Our core GP and prescription service plus:
24/7 counselling and advice line offering health and wellbeing advice and support
Face to face counselling service with over 700 accredited and fully vetted counsellors available throughout the UK
Psychiatric assessment and Mental Health support
Access to online Portal and MyMindPal App
24/7 telephone access to personal legal, financial and debt information and support