SICKNESS ABSENCE
The proportion of organisations now focusing on employee well-being as a means of tackling increasing absence levels and costs has soared over the last year, according to a new survey from the Chartered Institute of Personnel and Development (CIPD).
The CIPD annual Absence Management survey of more than 800 organisations, reveals employee well-being has recently climbed up many corporate agendas as a critical area of action, with 42% of organisations saying they have implemented a well-being strategy, compared to just 26% for the previous year.
The survey findings indicate that 60% of organisations in the public sector now have a well-being strategy compared to 42% last year with also a dramatic increase in the private services sector (37%) compared to 22% for the previous year.
On average, organisations spend 5.4% of their paybill on employee well-being benefits and 42% of organisations indicate that this will increase further next year. Ben Willmott, CIPD employee relations adviser, comments: “The report shows employers are increasingly recognising the benefits that can be gained by supporting employee well-being.
“It is becoming more and more evident that organisations are starting to manage employee health rather than sickness, not as a standalone well-being strategy but as an integral part of an overall well-being programme.
Most popular
Most commented
-
AWR four months on: opinions still divided over position of limited company contractors
-
INTERNATIONAL Uruguay: Migration policy to flex to meet labour demand
-
Independent help with bright ideas
-
INTERNATIONAL Ireland: Sky jobs drive gives Irish economy welcome boost
-
HCL health and medical tech divisions move to London HQ









