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Reduce absence, improve productivity
Investment in employee wellbeing yields healthy returns. A growing number of UK employers are recognising employee health and wellbeing as a strategic priority, particularly during challenging economic times. Proactive management of employees’ physical and mental health can produce a range of important business benefits including reduction of sickness absence; lost time due to accidents and associated costs; greater staff engagement and productivity; reduced staff turnover recruitment and costs.
BITC’s Healthy people = Healthy profits document contains 20 case studies of companies that are recognised as UK best practice in terms of influencing a healthy lifestyle amongst their employees. Each featured organisation has documented the business benefits which followed the introduction of health and wellbeing interventions in their workplaces. Towry Law provides cycle parking, Google provides free bicycles for employees to encourage improved fitness and environmental awareness, Parcelforce Worldwide offers bicycle loans and GlaxoSmithKline has walking programmes. Digital Outlook Communications, GlaxoSmithKline and Nationwide all introduced flexible working policies. Stress – and the importance of reducing stress - features strongly throughout the document and this is significantly improved by supporting employees to manage their work and life balance more effectively.
This recent BITC Ipsos Mori FTSE 100 reporting trends evidences that organisations reporting on employee wellness and engagement return significantly more to their shareholders than those that don’t.
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