A 2012 report published by the Greater London Authority stated that “an average London firm of 250 employees loses around £4,800 per week (or around £250,000 a year) due to sickness absence.” Statistics like these are a stark reminder that employee absenteeism due to poor health isn’t just a concern about lost wages for the employee- it also puts quite a strain on a company’s bottom line.
Some might argue that illness just “happens” and that it’s a loss that companies should expect. Whilst it may be true that a certain amount of illness-related absenteeism is unavoidable, companies do themselves and their employees a disservice to assume that they have no role in the overall health of their workforce. Incorporating a corporate wellness programme that focuses on the four pillars of health: nutrition, sleep, mental health, and activity- can not only decrease absenteeism, but can also improve quality of life for employees, thus giving them increased overall workplace satisfaction.
In fact, such a programme may even pay for itself: the Greater London Authority also reported that “numerous studies find that employee well-being programmes can be designed so that the returns to employers from investing in employee well-being programmes outweigh the cost of the programme.”
But what might such a programme involve? At wellspace, our corporate wellness programme includes an app and online portal to make wellness tracking easy, allowing companies to not only monitor employee health, but also their return on investment. We incorporate the latest technology to engage, educate, and support employees in their wellness journey. The wellspace app helps employees set goals to measure and track their physical activity, sleep, mental health, and nutrition. The secure data collected from the app will allow wellspace to offer a series of tailored workshops, training sessions and events throughout the year covering wellness topics like fitness, productivity, female health issues, and obesity.
Companies whose employees are engaged in such corporate wellness programmes have a workforce that’s energised, well-rested, well-nourished, and with lower levels of stress than their counterparts, and find it easier to attract talented members to their teams and grow their businesses.
To find out more about how you can grow your business with a corporate wellness programme, please contact Jake Adams via email- jake@yourwellspace.com– to schedule a live demo of the wellspace portal and app.