WELLBEING VACUUM IN THE WORKPLACE PUTTING BOTH PEOPLE AND BUSINESSES AT RISK
Despite increased business awareness of the importance of actively supporting health and well-being in the workplace, there remains a stubborn ‘implementation gap’ in UK workplaces, which is threatening individuals’ health and long-term business sustainability.
This is according to a new report from the CIPD, ‘Growing the health and well-being agenda: From first steps to full potential’, which highlights that the average cost of absence now stands at £554 per employee per year
It also reveals that:
• Fewer than one in ten (8%) of UK organisations currently have a standalone well-being strategy that supports the wider organisational strategy.
• The majority of employers are more reactive than proactive in their approach to well-being (61%).
• Almost two-fifths of employees [38%] are under excessive pressure at work at least once a week.
• 43% say that long hours working is the norm for their organisation (to a great or moderate extent).
• Well-being is taken into account in business decisions only to a little extent, or not at all, in the majority (57%) of cases.
• Less than two-fifths of organisations monitor the cost of employee absence.