The Importance of having a Corporate Health and Wellbeing Framework
Take a look at this blog for our top recommendations for how to develop a fit for purpose health and wellbeing programme.
Take a look at this blog for our top recommendations for how to develop a fit for purpose health and wellbeing programme.
With 2023 quickly coming to a close, People Managers are laser focused on refining their priorities for 2024. So what are those priorities and commonalities? Read on to find out.
The biggest challenge to health and wellbeing investment is from the board, so how do we overcome this? Read on for our approach.
The more accessible health and wellbeing services are, the more convenient they become for your employees, this is why we believe a blended approach is best.
Women frequently feel they can’t talk about their menstrual health so in this article, we take a look at how the British standard can help improve things for the better.
Health and Wellbeing is becoming an increasingly significant issue within the workplace. Employers are placing greater emphasis and investment on supporting employees with various challenges, whether they’re mental, physical, financial or social. This is fantastic news! A frequently asked question however, is who should oversee health and wellbeing in the workplace? Whose responsibility is it?
Some believe the answer is determined by the overall purpose of your health and wellbeing programme. Was it set up to help with high levels of sickness absence? To attract and retain the best talent? Was it set up to address mental health support? Or to educate employees about better nutrition?
While there is merit in this perspective and whatever the core reason for your health and wellbeing programme, we believe consideration needs to be given to the bigger picture.
Traditionally, ‘people issues’ fell to HR. Today, organisations’ are taking a more comprehensive and blended approach to supporting their employees. Health and wellbeing means different things to different people and has many facets, requiring input from different parts of an organisation. For example, HR undoubtedly still has a role to play, but so too do Occupational Health, Facilities Management, Recruitment, Employee Benefits, the C-Suite and so on.
Health and wellbeing is better managed as a cross-organisational initiative with the relevant people and departments feeding into the development, implementation and coordination of the services being offered as a whole. This is arguably one of the main reasons we’ve seen the creation of teams and departments with broader titles like Employee Experience, People Engagement and The Future of Work - they’re focusing on an overarching organisational concept, rather than one specific business function. Health and wellbeing is a cultural workplace movement.
Such a collaborative, blended approach to health and wellbeing means that the coordination of resources and the use of metrics become key in monitoring the services provided, their uptake, the level of investment and the return on that investment. Without metrics, any health and wellbeing programme will fall flat.
Ryan Hopkins, Future of Wellbeing Lead at Deloitte stated that ‘what gets measured gets incentivised and that gets investment. Wellbeing is a science and not an art. Attach a financial value to these measurements to make the C-suite understand and engage. Health and wellbeing has to grow outside HR. It must be a cross-functional approach, an employee experience, addressing issues like wellbeing, inclusion, purpose and satisfaction for it to be effective’
Metrics can be used over time to measure specified key performance indicators, to spot trends and correlations and to further enhance health and wellbeing in the workplace.
Health and wellbeing is slowly, yet increasingly being seen as an initiative that falls to many, rather than just one department. Potentially, this means that health and wellbeing programmes will be more comprehensive and robust, with more employees using the services on offer. Draw and coordinate the resources available to you across your organisation, use metrics to benchmark, monitor and ultimately, secure investment - your employees and your organisation will thank you.
With the first quarter of 2023 almost done, HR professionals and industry in general, now have a better understanding of employee and business trends going forward. In this article, we give you a summary round-up of these understandings and observations so far.
Unum have collated the following stats about the cost of living crisis and how it will impact individuals and businesses alike:
So how can employers help ease the challenges faced by their employees and what are the best approaches?
Having issues around attracting and retaining talent and filling potential skills gaps, is forcing businesses to look at ways to make their organisations, job roles and employment packages more attractive and realistic for the world today - financial security, tangible benefits, flexibility and convenience, meaningful work and career progression, all being key. A comprehensive employment package will also reduce recruitment costs long term and will increase employee loyalty.
David Pye, Director At Leading Independent Consultancy Broadstone says ‘Businesses need to take a more proactive approach to both recruitment and retention, ensuring that their workers have access to what matters to them and that their employee value proposition is targeted and relevant. Good pay in the current inflationary environment is obviously important, but so are many ancillary benefit offerings such as employee wellbeing propositions and it appears key sectors have failed in many of these areas that could lead them to fail over the medium term’
Octopus found that employees are crying out for more benefits which offer tangible financial support. In fact, 73% of employees want cash saving benefits, particularly now during the cost of living crisis. Support around childcare, food, travel, health and wellbeing and work life integration are where employers should focus their benefit package offerings.
In the everyday work environment, initiatives such as clear career progression and development, spot bonuses, length of service rewards and acknowledgement for work well done all help to make employees feel valued and loyal to your business.
By bringing the above highlighted elements into your employee benefits package and your business management strategy, you’ll be able to fulfil the needs of both your people and your business. You’ll be able to support and reward your employees, to increase employee retention and engagement, to improve the levels of stability, productivity and of course, overall profitability to your business. People are a key asset to your business, invest in them wisely.
Danni Rush: Hr Trends For The Year Ahead
Posted by Amelia Brand on Mar 1, 2023 for HR Review
https://www.hrreview.co.uk/analysis/danni-rush-hr-trends-for-the-year-ahead/151326
Cost-of-living crisis expected to spark the Great Resignation of 2023
Unum 12th December 2022
https://www.unum.com/about/newsroom/2022/December/Cost-of-living-crisis-expected-to-spark-the-Great-Resignation-of-2023
3 In 10 Businesses Facing Recruitment Difficulties
Posted by Amelia Brand on Mar 1, 2023 for HR Review
https://www.hrreview.co.uk/hr-news/recruitment/3-in-10-businesses-facing-recruitment-difficulties/151288
The Sustainable Workforce Report
Octopus
How to Create a Strategic Employee Wellbeing Plan that embeds Mental Health Care
Webinar 28 Mar 2023
Hosted by Dr Angel Enrique and coordinated by Claire Farrow
Quiet quitting is a term which has recently come to the forefront of workplace discussions. It's considered by some to have become more prominent due to the change in work patterns attributed to Covid lockdowns.
Quiet quitting refers to individuals doing the bare minimum to fulfil their job role requirements. Very little else is carried out outside of their job description and their level of engagement drops. Quiet quitting highlights an issue around the employer/employee relationship, more specifically, a lack of trust around expectations of an acceptable workload and remuneration for that work and effort.
During a highly stressful time, Covid being a good example, quiet quitting is seen as a way to navigate change, to avoid any additional stress leading to burnout, as well as a way to maintain work/life balance. Quiet quitting gives individuals a way to take back control without having to have formal discussions with their Managers.
This change in individual behaviour is considered to have a wider impact on the workplace community and on team morale. By individuals taking a step back from their work and becoming disengaged, it can present a number of challenges for team peers, managers, and ultimately the organisation as a whole. In this article, we take a look at the signs of quiet quitting and how to potentially reduce it.
Quiet quitting tends to be an issue that builds up over time with behaviours changing gradually. Things to look out for are:
Quiet quitting can be avoided through better communication and a clear and agreed alignment between employer and employee expectations:
Quiet Quitting can be reversed through honest communication and a willingness to rebuild trust on both sides:
Quiet Quitting is a disconnect or a lack of alignment between an employer and an employee, with potentially negative consequences for both parties. It's essential to maintain open, reciprocal communication with employees, to let them voice their concerns and to mutually agree on any solutions going forward. Quiet quitting can be resolved by reestablishing clear boundaries and a balance around workload, workplace responsibilities, remuneration and reward. Treating employees as individuals and making a genuine effort to understand their feelings and frustrations can help rebuild a trusting relationship.
Why is Quiet Quitting A Rising Problem for Early Talent Cohort?
https://www.thehrdirector.com/quiet-quitting-rising-problem-early-talent-cohort/
By Charlotte Burton-Barker
Quiet quitting: The workplace trend taking over TikTok
https://www.bbc.co.uk/news/business-62638908
31st August 2022
By Perisha Kudhail
Quiet Quitting: How to Prevent & Combat it at Work
https://teambuilding.com/blog/quiet-quitting
30th October 2022
By Angela Robinson
10 Creative Ways to Show Recognition that are Outside the Box
https://www.rewardgateway.com/uk/blog/10-creative-ways-to-show-recognition
By Alexandra Powell
Conflict Management: a shift in direction
https://www.cipd.co.uk/knowledge/fundamentals/relations/disputes/conflict-management-report
CIPD
The world of work has changed considerably. Covid made us all adapt and rethink how we could continue to work, which soon led to us thinking about how we want to work. People’s priorities have changed and in turn employers are now looking at how to get the balance correct between hybrid, flexi and hybrid working, whilst still being productive, profitable and true to their employer brands. New phenomena and terms like the ‘mass resignation’ and ‘quiet quitting’ are frequent topics of discussion, shining a light on how it is best to retain employees and to attract new ones.
We take a look at a summary round up below:
Payment in line with responsibilities, experience, and performance is common practice. However, pay rise increases inline with cost of living is becoming a pressing concern. There are a growing number of people who work, however, their take home pay is no longer covering their day-to-day expenses, meaning they’re working in deficit, and ‘the working poor’ have been created. Whether employers can assist their employees to bridge this gap again is another budgetary and ethical dilemma being called into question. Where does the responsibility lie - the employer, the Government, or both?
In their latest collaboration, CIPD and Omni have published their Resourcing and Talent Planning Report 2022, to give practical recommendations on how employers can encourage employees to join and stay at an organisation, when pay increases become ‘exhausted as an option’. Three significant areas were identified - 1) flexible, hybrid and remote working 2) upskilling existing employees 3) increasing diversity by advertising through more varied sources
Zofia Bojorek a Senior Research Fellow at The Institute of Employment Studies emphasises that employers need to ‘ensure that work has meaning for employees’ and that our historic preoccupation with pay, simply isn’t enough. Valerie Beaulieu-James, Chief of Sales and Marketing at Adecco, reiterates this point by advising employers to avoid engaging in ‘blunt tool’ pay rises purely to retain staff and that more attention should be given to Line Manager Support
In order to retain good talent, Line Managers need to meet the requirements of both the organisation and the individual employees. Particular attention must be given to ensuring work loads, work patterns, and the work itself are fair and fulfilling, alongside good career progression, and the individual welfare of employees. Employees want to feel valued and heard by their employers, with fair performance recognition and pay. By achieving these things, employees are increasingly likely to feel engaged and loyal to the organisation they work for. Employee surveys and exit interviews have highlighted that a poor relationship between an employee and a Line Manager can result in the employee leaving their job, even if they found that job itself fulfilling.
Flexible working has become increasingly popular. Part-time, compressed or flexi- hours, reduced days, remote working, job shares, working from home, hybrid working, term-time working, career breaks/sabbaticals, and commissioned outcomes are all ways in which work patterns have evolved.
According to the CIPD, more action is needed to increase the uptake of flexible working where possible by employers’, as it’s believed ‘to increase inclusive, diverse and productive workplaces that suit both the needs of organisations and individuals’
Flexible working brings other benefits such as reduced overheads in terms of office space, better use of technology and potentially being able to operate more efficiently in line with customer requirements. From an employee perspective, flexible working promotes better work-life balance, job satisfaction, and overall wellbeing.
In an interview with Employee Benefits, Asif Sadiq MBE, Senior VP, and Head of Diversity, Equity, and Inclusion, highlighted the importance of creating a sense of belonging when it comes to employee retention ‘ creating a sense of belonging helps to achieve goals and retain staff. It's not hard to create this, we just need to focus on what matters. It’s the morally right thing to do to have diversity, equity, and inclusion strategies in place, and often businesses with more diverse workforce generate more income. It can be a critical element to drive success’ Sadiq goes on to say that in doing so ‘psychological safety’ can be achieved in the workplace and any privileges should be acknowledged and used to support those not in the room for conversations, not for apologies.
Creating a positive work environment outside of pay is an increasingly important aspect in employee retention. Giving employees tangible benefits which will enhance their lives has the potential to lead to a more stable workforce in terms of retention and attrition. Areas to consider are:
According to Gemma Bullivant, HR Coach and Consultant ‘promoting your organisation’s USP’ is vital for employee retention. ‘What makes you stand out as an organisation, why people choose to join and stay, what you are doing and how you can leverage that to be even stronger’ is an extremely powerful way to communicate what you can offer your employees. It also demonstrates a business with a clear vision and identity.
Adapting work practices to fit with societal change is essential. Continued reviews and open, collaborative discussions between employers and employees can lead to positive working relationships which are beneficial for all. It’s clear that pay is no longer the only factor that employees consider when looking to join or stay at an organisation; balance, progression, welfare, and satisfaction are all central to their decision making. Employee retention helps contribute towards an organisation’s stability and performance. Holding onto and nurturing skilled workers, developing them further, and supporting their overall wellbeing, will only lead to a productive and profitable business.
CIPD and Omni
Resourcing and Talent Planning Report
27th September 2022
CIPD
Attracting and Keeping Talent: When Pay is Not Enough
Kristian Adams
28th September 2022
People Management
Majority of Workers Consider Quitting When Colleagues Resign, Research Finds
Yoana Cholteeva
3rd October 2022
Salary Alone Not Enough To Attract Talent, CIPD Report Finds
Mahalia Mayne
27th September 2022
Employee Benefits
Exclusive: Warner Bros Discover Urges Employers To Create A Sense Of Belonging To Retain Staff
Zoe Wickens
5 Oct 2022
Financial wellbeing is a subject which is currently being given notable attention and with good reason. Both covid and the cost of living crisis have meant that inflation continues to rise and many people are experiencing financial pressure and uncertainty like never before. Giving people the chance to stay in control of their finances, will have a direct impact on their health and wellbeing. This is where an employer can offer support, by giving employees access to an independent financial advisor.
Here are our 3 top tips to help keep your employees financial health and wellbeing in check:
What do you have in place to help an employee understand their current financial health profile and to identify any areas they'd like to change?
It’s important for employees to fully understand their financial health profile - their income, their expenditure, tax, the best bank accounts, credit cards, loans available, how to make the most of any surplus income, how to reduce any debt, how to take advantage of workplace investment schemes such as pensions, car or bike loans, share options and how to plan and budget for the short, mid and long term.
What discovery opportunities and planning tools have you made available to employees and how can they help them achieve their aspirations?
Frequently, financial health and wellbeing is hindered because people simply don’t know what they don’t know - what products and services are available to them and which ones are best for their situation. Speaking with a professional and developing a clear plan on how to move forward and achieve both financial and life goals is key. Clarity and direction removes any potential stress and overwhelm.
What management tools can you offer your employees to help them put their plan into action and to keep moving forward with their financial wellbeing?
Do your employees simply need a review consultation with an independent financial advisor to keep them on track, or do they need a more involved step by step plan, identifying particular action points and management tools suitable for the short, mid and long term? Putting their chosen financial products and services into an achievable timeline, alongside regular contact points with a financial professional is essential for achieving financial, as well as overall health and wellbeing. Regular financial reviews every 6 to 12 months are recommended
Offering your employees support in a particularly challenging social and economic landscape can be simple and effective. Helping them meet the change in cost of living demands through financial education and support will not only help fulfill your duty of care as an employer, it will also help keep your employees stress free, engaged and focused.