Poor workplace health has negative affect on UK’s GDP
The British economy looses over £100 billion annually due to poor workplace health and the lack of solid well-being programmes, a study carried out by the University of Salford and Cavill Associates has recently revealed.
The research revealed that, although an increasingly higher number of companies are genuinely concerned about their staff’s health and attempt to do something about it, time and money is quite often being wasted on poorly planned and executed health initiatives.
As a result of these findings, experts have called on organisations to form “strategic partnerships” to help tackle the UK’s health deficit.
Results from this study also demonstrated that the most effective approaches to improving workplace health were designed with input from staff and support from senior management, but also pointed out that mental wellbeing was the area of workplace health most companies want to develop further. This area in particular is reported to cost the UK around £70 billion every year, amounting to 4.5 per cent of GDP.
Included within the package is software that ensures your company complies with the recent changes to the EU Working Time Directive, and all for a price that is less than you would expect. Moreover, the system can also keep track on the various types of benefits available to each member of staff, helping managers evaluate their effectiveness in a much faster and easier manner, and it can be easily updated to support additional measurable fields (such as specific data related to the employee’s wellness).