Wellbeing benefits reduce absenteeism…

In an article written by HRZone

“Having health and wellbeing benefits can help companies manage staff absence, leading to increased productivity and profits.”Matt Millard, Oval Healthcare

They continue:

Managing absence is another positive, says Millard: “Having health and wellbeing benefits can also help companies manage staff absence, leading to increased productivity and profits. Private medical insurance programmes mean that non-urgent medical procedures can be scheduled into the companies’ less busy periods, therefore minimising disruption. Offering employee assistance programmes such as counselling services can help to avoid stress in general, making employees happier in the process. It can also help protect businesses against expensive lawsuits brought by employees for stress or stress-related illness.”

When it comes to absence, it’s certainly a route that is worth trying. According to the Health and Safety Executive, around 13.8 million working days were lost in 2006/07 due to work-related stress, depression and anxiety whilst high level estimates suggest that stress and back pain are expensive conditions, costing the British economy £3.7 billion and £5 billion per year respectively. According to the CBI, sickness absence can cost roughly £495 per employee per year.

Richard Reid is the founder of Pinnacle Proactive, Specialising in the Employee Assistance Program, Stress Management, Staff Retention & Absenteeism. Take a Proactive Approach to Growing Your Organisation & its People. For more info visit http://www.pinnacleproactive.com

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: