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.
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