5 Ways Your Clients Can Support Employee Wellbeing
Giving employees the tools and confidence to look after themselves can boost morale, improve loyalty, and reduce staff turnover, presenteeism, and absenteeism. Here, we share five ways your clients can support employee wellbeing.
Yugi the Giraffe - 18 May 2022
Issues affecting employee wellbeing are well-documented, from stress and mental health concerns to chronic illness and financial worries.
The results of poor wellbeing have also been under more scrutiny lately. When employees struggle, performance can dip, presenteeism (lost productivity due to an employee working while unwell) can creep in, and absenteeism (missing work due to poor health) can skyrocket.
Therefore, employers must realise the strain their staff are under (both inside and outside of the workplace) and recognise their role in supporting them. Those that do can reap the rewards of a more motivated, loyal, and productive workforce.
Here’s how employers can enhance employee wellbeing in 2022 and beyond:
1. Prioritise mental health support
According to the Mental Health Foundation (MHF), 12.7% of all sickness absence days in the UK can be linked to mental health conditions. Meanwhile, the CIPD’s health and wellbeing report found that mental health is responsible for 56% of long-term unplanned absences.
And that’s just those calling in sick — many more will be muddling through, physically present but not fully engaged.
Delivering mental health support via an employee assistance programme (EAP) is now essential if employers want to safeguard employee wellbeing and long-term business performance.
The bottom line? The MHF states that better mental health support in the workplace can save UK businesses up to £8 billion per year.
2. Encourage physical exercise
Around 80% of chronic disease and premature death can be linked to lifestyle choices like smoking, physical inactivity, and poor diet. In particular, cardiovascular disease, diabetes, stroke, and cancer are all influenced by lifestyle.
While employers can’t mandate exercise or healthy food choices, they can introduce initiatives to get employees moving more regularly. They can also connect staff with the expert advice they need to make better decisions (such as nutritionists or smoking cessation experts).
3. Provide financial education
Employers might think their role starts and ends with providing income when it comes to employee financial wellbeing, but in reality, it goes much further.
Concerns surrounding debt, bills, and budgeting are often the root cause of stress and anxiety among employees. This can, in turn, present as both mental and physical illness, and ultimately affect workplace performance.
To avoid this, employers should include financial education services as part of their wellbeing strategy, while also giving employees access to expert financial advisors, legal advice, and estate planning.
4. Create a culture of understanding
Although improvements have been made over the years, the stigma surrounding mental illness persists. According to the Mental Health Foundation, stigma and discrimination can worsen someone’s mental health problems and delay or stop them from getting help.
It’s vital that employers create a culture where employees feel empowered to seek help and where no one feels the need to suffer in silence for fear of being judged or excluded.
5. Offer a benefits package that actively incentivises wellbeing
The above ideas and initiatives are crucial, but only if employers embrace them and encourage employee engagement. They can’t simply signpost third-party help and call it a day.
As YuLife’s Chief Health and Wellbeing Officer, Dr Rangan Chatterjee, highlights, “information alone is not enough. People need tools and mechanisms to help drive behaviour change.”
That’s why our company insurance products go above and beyond. Designed to inspire healthy habits and reward exercise and mindfulness, we also put vital services at employees' fingertips when they need them the most. Here’s how it works:
- Your client’s employees can earn our in-app currency for every mile walked or two minutes of mindfulness spent, and exchange it for rewards from partners like Amazon, ASOS, Avios, M&S, and more. This drives engagement, with 46% using the app monthly.
- They also have access to mental health support, financial advisors, legal professionals, and virtual GP consultations. A one-stop-shop of wellbeing support.
- And employers can monitor engagement, observe trends, and predict stress and burnout with easy-to-understand HR insights.
Want to learn more about how YuLife can help your clients?
Click here to request a callback and discover how we’ve helped businesses of all shapes and sizes offer benefits that engage, reward and protect.
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Yugi is our YuLife mascot. Like all giraffes they've got a big heart – in fact the biggest heart of all land animals.