Key facts and stats
An unhealthy and unhappy workforce is costly:
- Each year 140 million working days are lost to sickness absence in the UK, costing UK businesses an estimated £29 billion.
- Presenteeism – attending work while sick – is valued at an average cost to employers of £605 per employee per year, due to reduced productivity.
- The financial cost to British business of mental ill health is estimated at £26 billion per year.
- Smokers’ sick leave and smoking breaks are estimated to cost UK business £8.7 billion per year.
- High staff turnover can incur huge recruitment and training costs, on top of lost revenue while new employees reach full productivity.
Benefits to employees
- better physical and mental health and wellbeing
- increased motivation
- less sickness and quicker recovery
- less stress and back pain
- improved morale
- greater work satisfaction
- networking opportunities
Benefits to the employer
- increased productivity
- lower rates of early retirement due to ill health -Workplaces with a workplace health programme saw absenteeism reduced over a 9 month period by an average of 0.6 days per person.
- reduced absenteeism and quick return to work after illness
- fewer workplace injuries
- greater staff retention and engaged employees
- reduced costs to train new staff
- improvements in communications
a more positive corporate image
-British Heart Foundation