In today's fast paced and ever-evolving business landscape, employee wellbeing has never been more crucial. Workplace absences have soared to the highest level in over a decade, with UK employees absent on average for 7.8 days over the past year. That’s two days more than the pre-pandemic rate of 5.8 days.
Simplyhealth is proud to support CIPD’s Health and Wellbeing at Work report, which analyses trends in sickness absence and employee wellbeing among 918 organisations, representing 6.5 million employees. The report underlines the importance of a holistic approach: beyond the physical, organisations must address mental and emotional health, work-life balance and stress management.
This invaluable insight could transform your organisation's approach to nurturing a healthier, more productive workforce. By focusing on the overall wellbeing of your team, you can reduce absenteeism and increase retention rates..
The ROI of wellbeing
Investing in employee wellbeing yields substantial returns with active and engaged employees being more productive and less likely to seek alternative employment.
Through Health and Dental plans, Simplyhealth helps companies across the UK retain and attract star talent. Since 2012, Maria Mallaband, a Simplyhealth client, has used a company funded scheme to maximise the effectiveness of their provision and combat the high levels of attrition that the care sector faces every year (34-38%). By developing a systematic and preventative strategy, colleagues had access to affordable healthcare. To make an additional impact, Maria Mallaband also extended cover to their employees’ children, providing a unique proposition that added value and recognised the importance of their staff. Simplyhealth’s products not only made a real difference to their workforce, they brought to life one of their core values: caring.
Start your journey to a more prosperous future today.