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Should you worry about employee wellbeing?

Should you worry about employee wellbeing?

employee wellbeingIn my last blog I talked about the current real need to protect businesses by providing healthcare for the workforce.  With the withdrawal of Sick Pay and NHS waiting lists at an all time high, the consequences of illness within a company can be far reaching.  For small businesses, it’s not an exaggeration to say it could bankrupt them.

Interestingly, healthcare provision seems to be, quite rightly, becoming a basic standard for many companies, with nearly 9 out of 10 now agreeing that mental health of their staff is now a “significant responsibility”.  The poll for a major employee benefits consultancy EBC showed 85% of UK employers were concerned with providing an environment which promotes mental wellbeing.

It’s a huge leap forward for healthcare in general to hear mental health being discussed and prioritised in this way.  A few weeks ago I blogged about a couple of providers who were offering counselling as part of their critical illness, life and income protection policies for individuals – something that really can change a person’s life or outcome.

Seeing this shift happening within businesses too is vital.  Research on behalf of Xerox found that more than a quarter of UK employers admitted stress levels in their organisation were “high” or “very high”.

Speaking personally, I am seeing more and more companies asking for Cognitive Behavioural Therapy (CBT – known to be effective with stress) to be included in their corporate policies, and many are favouring EAP policies (Employee Assistance Programmes) which help staff with stress and mental wellbeing.

If you’re interested in the types of policy which can help your business achieve a better working environment, I’d be happy to help you out with a few no-obligation quotes.



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