Business A is a large independent business that offers a broad range of professional services including design, planning, and engineering. Following a review of its UK benefits strategy it implemented a wellbeing plan that included health insurance and health assessments. Following this introduction its sickness absence reduced from 5.7% to 4.3% and its average health age score fell to 0.5 years less than the actual age in comparison to plus 3.2 years average among colleagues.
Assuming an average salary of £30,000 this represents a cost saving of £420 for each member of staff.
Business B is a non-departmental public body that safeguards children and advises family courts. The company introduced an employer funded health plan including health assessments and other wellbeing initiatives. Sickness absence reduced from 16.2 days to 8.8 days per person and more than 81% staff now say the organisation cares about their health.
Assuming an average salary of £30,000 this represents a cost saving of £2200 for each member of staff.
Business C is a well-known national bank that decided to introduce a culture of wellness among staff, a major component of this culture was the implementation of voluntary health assessments. Following the introduction of this culture 82% of staff planned to make positive changes to their lifestyles and a number of staff from various departments and locations were advised to see their GP as their health assessment highlighted a potentially serious condition.