Why is employee health and wellbeing important to businesses?

Why is employee health and wellbeing important to businesses?

Employee wellbeing has many definitions, but at its heart it’s about keeping our people healthy, happy and engaged. Our culture has always been built on a recognition that our people are our business, a belief held very strongly at all levels of our organisation.

Why is health and wellbeing important to companies?

  • The UN reports that by 2050 22% of the world’s population will be over 60 years of age, compared to 11% today, raising the question – how will we support an aging workforce?
  • Mental illness now accounts for 23% of all ill-health in England and affects more than one in four of the population at any time – with 39% of employee absenteeism being caused by stress
  • The Towers Watson’s Global Workforce Study reports that ‘companies with an engaged workforce with high wellbeing are found to have operating margins almost three times higher than companies with low engagement’

How can businesses respond?

In 2012 we launched SustainAbilities, our response to the mounting environmental issues, social challenges and economic pressures that are rapidly changing the business landscape and redefining what is required for companies to be successful. And one of our biggest targets – ‘to embrace and promote wellbeing’.

Last year saw a global engagement programme that brought our people at all levels together to define what health and wellbeing meant them, and what the business needs to mobilise in order to meet our objective:

To embrace and promote the wellbeing of our people, preventing work associated ill health and creating an engaged and positive culture. This encompasses physical, social, psychological and cultural wellbeing – recognising that our people’s values, personal development and connectivity to both each other and the business will deliver individual and group-wide success.

Our health and wellbeing model

To deliver our objective we have created a health and wellbeing model that looks at four areas: physical wellbeing, social wellbeing, psychological wellbeing and cultural wellbeing (click the image below for a bigger version).

Pillars-of-wellbeingsmall

What are we doing?

We have developed a strong roadmap that recognises the excellence we have already established in each area of wellbeing, and advances these activities (click the image below for a bigger version).

our successes model Building the infrastructure to support our programme

This summer we are launching our health and wellbeing hub on our employee portal (MyInterserve). This is designed to give our people access to information and tools to help support each area of wellbeing.

How are you embedding health & wellbeing in your business?  See more examples about activity happening in Interserve – #ingenuityatwork @interservenews

 

 

Nina Embra

Nina Embra is Group HR Communications and Project Manager.

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