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Employee Benefits News

Latest News
24 Jul 2017

Employee wellbeing rising up UK corporate agenda

Growing numbers of employers in the UK are recognising the advantages of employee wellbeing programmes, according to data from the Top Employers Institute.

The global certification company found that 82% of large companies have an organisation-wide total wellbeing programme in 2017 — an increase from 73% in 2016.

What´s more, firms are consistently evaluating the impact and effectiveness of these programmes, with 71% doing so, up from 65% last year, while employee wellbeing education has jumped from 61% to 85% in the last year.

Wellbeing programmes can include employee assistance programmes, occupational health and debt support, as well as onsite sports facilities, onsite flu vaccinations, smoking cessation programmes, ergonomic support or nutritional information programmes.

The research also revealed that increasing numbers of stress management programmes have been implemented by UK companies — up from 83% to 88%, and more time management courses have been added, up from 80% to 86%.

Alessio Tanganelli, regional director UK of the Top Employers Institute, commented:

“In the last year alone, nearly 10% more certified Top Employers have implemented an organisation-wide total wellbeing programme — an enormous leap in a 12-month period. It is clear that it is becoming even more of a priority for companies.

“Organisations tell us that they focus on fulfilling employees´ potential through health, that they believe happy, healthy employees enable a business to thrive and that they want to foster healthy habits. In a constantly changing world of work, where demands shift on both employers and employees, our view is that health and wellbeing needs to be agile and adaptable.

“Conversely, some employers seem to have multiple wellbeing practices but have not yet applied them to an overall programme or strategy, meaning they are somewhat aimless. We see this changing as organisations understand what their peers are achieving and then work to implement their own strategy.”

The Top Employers Institute also highlighted the correlation between wellbeing initiatives and absenteeism, with certified Top Employers recording absenteeism rates 25% lower than other companies of comparable size. This translates into an annual financial health saving of up to £750,000 for large companies with an average workforce of around 4,500 employees.

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