So far in my Healthy Workforce (Health@work) series, we’ve looked at why it’s important to establish a healthier and happier workforce, and top tips to optimise home working. But how do you actually measure the wellbeing of your staff?
Quantifying the cost of absence
At a basic level, you can measure your staff’s happiness by looking at your financial bottom line, but is this really the only measure?
It has been found that successful businesses rely on their employees being happy, healthy in mind and body, and engaged in their jobs. But anxiety and stress are major contributors to sickness absence in the UK.
However, a major cost which is sometimes not fully quantified by organisations is sickness absence. PwC estimates that the average worker in the UK takes 9.1 days sick days a year (compared to 7.3 … Continue reading ...