CCR Magazine

CCRi banner ad
You are here  :Home arrow News arrow New data shows employee wellbeing rising up UK corporate agenda in comparison to other countries
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
New data shows employee wellbeing rising up UK corporate agenda in comparison to other countries PDF Print E-mail
Friday, 14 July 2017
Global data from the Top Employers Institute shows that employee wellbeing in the UK has risen up the corporate agenda with 82% of many large companies consistently defining an organisation-wide total wellbeing programme in 2017, increasing from 73% in 2016. What’s more, the impact and effectiveness of programmes are evaluated consistently with 71% doing so, up from 65% last year, while employee wellbeing education has also jumped from 61% to 85% in the last year.  

This compares to global Top Employers increasing employee wellbeing programmes from 67% to 68%, evaluation increasing from 55% to 57% and employee education increasing from 20% to 21% in the last year.

The data comes from research into 71 companies certified as Top Employers UK for 2016, and 78 companies certified in 2017, plus a further 1,100 globally.

Interestingly, in the UK, increasing numbers of stress management programmes have been implemented by companies – up from 83% to 88%, while more time management courses have been added, up from 80% to 86%. Global companies, on the other hand, report an increase in stress management programmes from 74% to 78%, while time management programmes have increased from 76% to 77%.

Discouraging overtime, however, is more prevalent in European and global firms. Although the UK has increased efforts in this, with 37% of Top Employers now doing so (up from 32% last year), 52% of European and global participants do so (both up from 44% last year). Indeed, more European (65%) and global (57%) firms provide an in-house doctor, in comparison to 37% of UK large firms.

Flexible office workspace is also higher in the UK – 92% of participants provide this (up from 86%), while 73% of European companies do so (up from 67%) and global at 68% (up from 64%).

Alessio Tanganelli, Regional Director UK of the Top Employers Institute, said: “In the last year alone, nearly 10% more certified Top Employers have implemented an organisation-wide total wellbeing programme – an enormous leap in a 12 month period. It is clear that it is becoming even more of a priority for companies.

“Organisations tell us that they focus on fulfilling employees’ potential through health, that they believe happy, healthy employees enable a business to thrive and that they want to foster healthy habits. In a constantly changing world of work, where demands shift on both employers and employees, our view is that health and wellbeing needs to be agile and adaptable.

“Conversely, some employers seem to have multiple wellbeing practices but have not yet applied them to an overall programme or strategy, meaning they are somewhat aimless. We see this changing as organisations understand what their peers are achieving and then work to implement their own strategy.”

A correlation exists between wellbeing initiatives and absenteeism. On average, Top Employers have absenteeism rates 25% lower than other companies of comparable size. When applying industry estimates of average absence costs, this translates into an annual financial health saving of up to £750k for companies with a Top Employer average size workforce of c4500 employees.

Wellbeing programmes can include employee assistance programmes, occupational health and debt support through to onsite sports facilities, onsite flu vaccinations, smoking cessation programmes, ergonomic support or nutritional information programmes.
 
CCRI
3 October - Guoman Tower Hotel, Central London 

CCRInteractive, in association with Marston Holdings , is the largest and leading one-day conference from the publishers of CCRMagazine – a truly national and international event for the credit industry.

This landmark event allows delegates to: Learn best practice of how to increase profitable sales in today’s economy. Understand the key compliance issues and how they will impact upon you. Discuss the legislative and regulatory framework and how it will effect you. Consider the potential effects of Brexit on your business. Discover the latest innovations in the market to improve your collections. Motivate your staff to achieve ever improved results.

To book to attend in 2017, contact Stephen Kiely  or Alison Lucas. To find out more about being part of this landmark event, please contact Gary Lucas
CCRI 

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

The Credit Excellence Awards

Awards 

Tuesday 3 October - Guoman Tower Hotel, Central London


Do not miss your chance to meet and network with the Winners and Finalists at the Credit Excellence Awards, in association with Hoist Finance.


To book your place to attend, please contact Alison Lucas.


subscriptions

CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


 

Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197