EAPs are the most common initiatives being offered
Employers in the UK are rolling out workplace wellbeing strategies at an unprecedented rate, research shows.
The report from Reward & Employee Benefits Association (REBA) shows 45% of UK companies have a clearly-defined wellbeing strategy in place, compared to less than a third (30%) in 2016.
A quarter (26%) have had a strategy for more than three years.
Of the companies that do not have a strategy, virtually all plan or wish to implement one – with 46% planning on implementing one this year, 24% in the next few years and a quarter (25%) having it on their wish list.
Over a third (37%) launched their wellbeing strategy to improve employee engagement and just over a quarter (26%) to improve organisational culture.
Other drivers included improving productivity levels (11%), reducing long and short-term sickness absence (6% and 5%) and retaining talent (5%).
Excerpt from Health Insurance Daily, read the full article here
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