Firms name employee loyalty as top benefit from health and wellbeing services
Greater loyalty has emerged as the leading benefit of providing employees with health and wellbeing services, according to a new UK poll from group risk protection industry body GRiD.
Some 43% of 500 HR professionals at UK firms said health and wellbeing support at their company increased loyalty, followed in second place by less absences among employees.
GRiD said the survey reveals the “significant positive impact” that employers are seeing through the provision of health and wellbeing support and services to their staff. GRiD found nearly half (48%) of firms measure the impact of health and wellbeing services on employees, although the percentage is higher among larger businesses at 72%.
The survey found that 40% of employers believe health and wellbeing services increase engagement among staff, while 37% said it helped them to meet business objectives. A further 36% said health and wellbeing contributed to financial success and higher productivity.
Some 28% said providing staff with health and wellbeing services supported retention and recruitment.
GRiD spokesperson Katharine Moxham said the results of health and wellbeing services offered through employers are tangible. “We hope the findings of the research will help employers to make a business case for health and wellbeing support, and we would like to see more companies measuring the impact of their benefits provision. These results show the impact is likely to be impressive,” she said.
