Business Healthcare - the benefits
Last year, workplace absence was estimated to have cost the UK £29 billion – a shocking statistic, and not just for employers. Illness and resulting absences can also negatively impact employees, perhaps affecting their self-esteem, mental health and performance. This is why Benenden now offer a range of products designed to improve the rate of long term absenteeism and provide excellent healthcare services to employees.
At Benenden we want to help provide a practical and affordable solution to managing workplace wellbeing: cutting down wait times and helping with conditions like musculoskeletal and mental health issues. But, aside from these technical benefits, how could a corporate healthcare offering provide lasting value to your business?
Something as simple as knowing you are valued and cared for can do wonders for workplace morale. It indicates you are more than just a number and that your company cares about your wellbeing.
High morale can increase productivity, and not just in terms of physically being in the workplace more often, to take care of more tasks. Feeling valued can give you more drive and focus, preventing procrastination and helping you feel like you really do want to be there and do the best job you can.
Less demanding workload
Being more productive can help prevent a stressful work pile-up, and a manageable workload can increase the happiness of employees. For managers in particular, however, Benenden Business Healthcare has the potential to free up invaluable time.
With more employees returning to work and taking less time off, the need to search for replacements, conduct interviews, train new staff, delegate work overflow and take on extra tasks could greatly reduce.
One of the main benefits of a corporate healthcare package is the job satisfaction it could give employees. Knowing you are looked after can create much more faith in a company, and help you to feel as though all of the hard work you do is worth it.
Lower staff turnover
A long-term absence from work can sometimes become permanent. And even if not, you may have to hire various temporary staff members in the meantime, to take on the extra work. Having a business healthcare package in place could help to keep existing employees in work, preventing staff turnover from rising. This, in turn, could help to keep costs balanced.
A more profitable business
At the end of the day, all of these little benefits add up. Happier, more productive employees can lead to better quality work, and less inclination to leave for pastures new. In turn, excellent output can lead to customer satisfaction and, ultimately, a more profitable business.
Find out more about how Benenden can help your business.
This article was first published on 13th January 2016.
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