Investing in wellbeing benefits can help small businesses engage their workforce and stand out in the job market. So if you’re looking to improve wellbeing in your SME, where should you focus your efforts to deliver valuable support your people really need?
Why are workplace wellbeing benefits valuable for employees in SMEs?
Can employee wellbeing perks help small businesses save money?
What are the best employee benefits for small businesses?
- Private health insurance
- Access to counselling
- Mental health days
- 24/7 GP service
- Health check ups
How can UK businesses get the most value out of their employee perks and benefits?
- Ask your people what they need. A wellbeing survey the simplest way to make sure your workplace benefits are valuable, yet only around 1 in 3 SME employees say they’ve filled one in.
- Measure what’s working well and focus your efforts. Your employees’ needs will change over time so you might need to replace lesser-used benefits with more relevant options.
- Make sure everyone’s aware of the benefits you’re offering and how to access them. This might include a regular update for managers so they can share new information with their team.
The Big Opportunity How small businesses can attract, retain and engage top talent using wellbeingIn September 2022, we asked over 2,000 UK employees about their perceptions of small and large businesses in terms of wellbeing, workplace benefits and culture. While the majority (76%) of workers are generally satisfied with their current position, almost half (46%) are either actively or considering looking for their next role. In this short report, we explore how small and medium-sized enterprises (businesses with 50–249 employees) can use wellbeing to capitalise on this big opportunity.
Webinar – Small business, big wellbeing: How SMEs can prioritise employee wellbeing and create a positive culture.
Watch our webinar and hear from our expert panel as they provide tips and advice for SMEs on how to prioritise employee wellbeing and create a positive culture.What you’ll learn:
- Insights from the Director General of the BCC on the challenges that SMEs are currently facing.
- Why employee wellbeing is so important in smaller organisations.
- Tips and low-cost wellbeing ideas for organisations to adopt.
- How to measure the impact of employee wellbeing initiatives.
- Shevaun Haviland, Director General, British Chambers of Commerce
- Vicky Walker, Group Director of People, Westfield Health
- Alex Lucas, Senior Research Analyst, ukactive (Research Institute)
- Ellie Calton, HR Advisor, Westfield Health