Employee Wellbeing Research 2017: Employers spend £51-75 per employees on wellbeing strategies
The report shows that the spend can be more than three times that of spend per employee when there is no strategy in place with only £1 to £25 spent in such an instance.
However, spend is increasing. More than a third (38.6%) saw their wellbeing spend increase last year and nearly half (45%) expect it to rise further this year.
The study also showed that spending is more likely to rise at organisations that do not currently have a wellbeing strategy (48%) compared to those that already have one in place (41.1%).
“Spend on wellbeing is likely to naturally grow as more organisations embrace it, but it’s also important for businesses to have a proper strategy in place to ensure a return on investment,” said Debi O’Donovan, director at the Reward & Employee Benefits Association.
“Our research also showed that where there was a strategy in place there was a static spend last year and expectation of similar this year for around half of respondents in 2017.”
Download the in-depth 56-page research report
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