In this video, Director of Wellbeing Richard Holmes shares his insight into why wellbeing is so valuable to both employee health and business objectives.
Research shows us that workplace wellbeing support can have a huge impact on employee health while also increasing productivity, reducing absences and delivering a real return on investment for your business.
Businesses can use wellbeing to improve a variety of areas
Common reasons to invest in wellbeing include:
- Reducing absences
- Improving the employee experience
- Attracting talent
- Reducing employee turnover
- Increasing productivity
- Because it’s ‘the right thing to do’
Costs are a key consideration in any new business initiative and wellbeing is no exception
This includes the cost of wellbeing initiatives themselves but also the resource required to deliver it, so it’s important to gather evidence to support your decisions.
Getting stakeholder buy-in is an essential first step
Start by gathering evidence to make your case — this might include things like third-party research, feedback from your people, industry standards and figures such as employee absence rates or turnover.
On the next page we’ll share some of the latest research to help you get started.