• Why does my business need a Wellbeing Strategy?

    Employee wellbeing is an increasingly relevant and necessary consideration in the modern workplace. It is a major factor in the performance and productivity of staff and inevitably business effectiveness and profit.

    Whilst wellbeing and stress management are within the overall ‘duty of care’ that an employer owes to its employees, it extends far beyond this. Where the wellbeing of employees is not supported and becomes undermined, business performance can suffer from:

    • reduced productivity
    • increased mistakes and errors
    • conflict (with subordinates, colleagues and management)
    • grievance and disciplinary incidents
    • sickness and absenteeism
    • low morale and negative atmosphere
    • poor customer service and quality
    • resignations and job terminations (causing increased staff turnover)
    • poor employer reputation among staff, customers and potential new recruits

    Research estimates that 17.9 million working days were lost to stress, depression and anxiety in 2019/20. Each new case of stress leads to an average of 21.6 days off work and is compounded by presenteeism, which is a reduction of productivity as high as 33% that occurs when employees come into work but function at less than full capacity due to stress/ill health.

    With this in mind, all businesses should have a wellbeing strategy in place and treat the health and wellness of their employees as a priority; it’s good for the individual and it’s good for business.

    How can we help?

    Whether you are just setting out to introduce a wellbeing strategy for the first time or looking to make improvements to an existing programme, Brachers and its HR consultancy service, Kent HR‘s Workplace Wellbeing Reviews can help you establish exactly what your business needs.

    Our Workplace Wellbeing Reviews offer practical guidance on how to deliver the best wellbeing strategy for your employees and your business.

    Following your review, our team can also provide a service that supports you with the implementation of your strategy, helping to steer your business through significant change.

    For more information on how we can help you develop a thriving workplace, visit Kent HR.

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