In partnership with AXA PPP healthcare, Real Business and our sister title Business Advice have joined forces to produce a guide that will help you develop a stronger business.
Ultimately, your employees are the most important asset for any growing company, and ensuring their wellbeing will in turn generate a stronger business.
The first step to managing employee absence is harnessing a proactive approach to keep employees engaged, healthy and happy. As a result of their satisfaction and wellbeing, you?re more likely to get more productivity from them too, which will benefit the company on the whole.
Among the findings in the guide, research has shown that sickness and absence can amount to ?29bn annually ??a result of the average worker taking 6.6 days a year off ill.
It?s not just a matter of physical illnesses though. Many employees are also experiencing problems that can?t necessarily be seen, with mental health a rising topic in the workplace, as people admit stress and depression. In fact, 77 per cent of employees have faced poor mental health at some stage.
In addition to AXA, we also heard from SMEs that are actively trying to build a stronger business with employee support and wellbeing taken into consideration.
The operations director of Wonder London, Matthew Rickard, detailed that the events industry in which the company operates is known for being one of the most stressful sectors, so the business actively takes steps to take care of workers.
Rickard opined: ?If a business loses people due to stress, it will affect their ability to recruit in the future. I want Wonder London to be known as a great place to work, as a considerate employer and one that our people would recommend to a friend.? He added some of the best staff have come from referrals.
Get more insights from AXA, Rickard and other growth companies on how you can make your firm an even stronger business with our free online guide.
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