There is greater commercial evidence to suggest that having a wellbeing strategy not only helps to create a happy and healthy workforce but also makes a significant difference to the bottom line.

So much so that on a recent webinar hosted by HR Zone, a Wellbeing representative from Oracle advised that the company had so far saved over £1 million in sickness absence by introducing resilience training in 2014.

There are naturally more tangible benefits to having a proactive wellbeing strategy including;

  • Reduced attrition rates
  • Reduced cost of absence
  • Lower number of days absence across the business
  • Lesser number of employees on long term sick leave
  • Reduction in the number of employee relations cases
  • Greater net profit

Yet what about the less tangible (and we would suggest more valuable) benefits of having a wellbeing strategy. From our experience of working with organisations to support their wellbeing strategy, we see these as;

  • Increased engagement levels across the workplace
  • Greater flexibility in the workplace through the use of flexible working practices and family friendly policies
  • Improved customer and client feedback and scores
  • Reduced presenteeism
  • High performing people and teams
  • Greater harmony and cohesive working amongst people
  • Winning awards such as Britain’s Healthy Company and the Times Top 100 companies to work for

We would even go one step further to say the value of having a wellbeing strategy ensures that;

  • More employee’s go home and say ‘today was a great day!’ to their partners
  • Smile at each other
  • Tell their friends “I love my job!’
  • People are capable of going the extra mile without damaging their health

With a guaranteed return on investment, creating and implementing a wellbeing strategy could be the most commercial move yet for your business.

Employee wellbeing

and find out how we can support you with your wellbeing strategy.