Absenteeism, presenteeism and leaveism
High employee turnover
Stalling projects and progress
High healthcare & insurance costs
Quality and performance challenges
Compromised health and safety
Low team morale
A 2017 UK study found poor wellbeing was costing up to £2,564 per employee, per year in absenteeism, presenteeism and turnover costs alone.
Higher employee engagement
Greater job satisfaction
Reduced absenteeism, presenteeism and leaveism
Attract stronger talent
Positive brand reputation
Increased creativity, innovation and collaboration
Improved resilience (employees and organisation)
Improved morale and culture
The ITA group found that employee wellbeing offers a potential ROI of 6:1 with absenteeism costs falling by $2.74 for every $1 spent.
There are a handful of organisations who have truly embedded wellbeing into their strategy and are reaping significant rewards.
Take a look to see what is possible!