Firms 'can reduce costs with wellbeing initiatives'
Commercial insurance
14th May 2010
Investment in employee health and wellbeing can substantially benefit companies, one expert declares.
Founder and managing director of Let's Get Healthy Maria Bourke suggests training staff to manage workplaces programmes can generate cost savings and reduce levels of absenteeism, something that may assist insurance for business customers.
She claims: "The most successful programmes are the ones where we teach the staff and the workforce to deliver their own health plan because that makes it sustainable and much more cost effective."
According to Ms Bourke, 80 per cent of projects delivered by the firm are to clients looking to reduce absence or cut costs, with workplace "health champions" providing the opportunity for staff to discuss health concerns with peers rather than bosses.
Her remarks come after a new study from Business in the Community discovered those FTSE 100 companies employing its Workwell Model outperformed those who have not by around ten percentage points in terms of average Total Shareholder Return.
For more information on how Giles can help you with your business insurance, Click here.
