Employee Wellbeing Research 2017: Nearly half of employers have a wellbeing strategy in place
More employers than ever are recognising the importance of wellbeing strategies according to a new research report, ‘Employee Wellbeing Research 2017: The evolution of workplace wellbeing in the UK’ from Reward & Employee Benefits Association (REBA) in association with Punter Southall Health & Protection.
The research shows that nearly half (45.2%) of respondents now have a defined wellbeing strategy in place, compared to less than a third (29.8%) last year. The move comes as businesses associate such strategies with better business performance and productivity.
The survey also showed that around a quarter (26%) of respondents have had a wellbeing strategy in place for more than three years, while almost half introduced their strategy more than a year ago but less than three years.
“Employers are increasingly recognising the value of a proactive approach to health and wellbeing at work and the many benefits it can bring to their business as a result,” said Debi O’Donovan, director at the Reward & Employee Benefits Association.
“While it’s obvious that larger companies will recognise the need for a wellbeing strategy, with two-thirds (66.7%) of those surveyed having one in place already, it’s encouraging to see that smaller businesses are also understanding the need with 38.9% of businesses with 1 to 249 employees having a wellbeing strategy in place,” she said.
Read the next article
- REBA On Demand
- Benefits Technology
- Bonus & Pay
- Carers & family support Sponsored by Bright Horizons Work+Family Solutions
- Company Cars
- Coronavirus actions
- Employee Engagement
- Employee Share Plans
- Financial Wellbeing Sponsored by Close Brothers
- Flexible Benefits
- For SME employers Sponsored by YuLife
- Future Predictions
- Group Risk Insurance
- Health & Wellbeing Sponsored by Aviva
- International Benefits Sponsored by Zurich
- Mental Wellbeing
- Responsible Reward
- Reward/benefits strategy
- Staff Motivation
- Total Reward
- Voluntary Benefits
- Workplace Pensions Sponsored by Scottish Widows
- Workforce Demographics
- Research reports
- REBA news round-up
- REBA professional members
- REBA Inside Track
- REBA webinars
Sign up for REBA Professional Membership and join our community
Professional Membership benefits include receiving the REBA regular email alert, gaining access to free research and free opportunities to attend specialist conferences.
Professional Membership is currently complimentary for qualifying reward and benefits practitioners.Join REBA today