Healthy company benchmark index launched
Organisations in Britain that demonstrate best practice and innovative approaches to looking after the health and well-being of their staff are to be highlighted as part of a new initiative.
Health insurer, PruHealth, has partnered with Mercer, a health, retirement and investments consultancy, to launch the Britain’s Healthiest Company project.
Hailed as the first index of its kind to celebrate corporate achievement in managing employee health and well-being, Britain’s Healthiest Company will survey employers and employees at organisations with more than 100 staff to gain a deeper insight into current health risks and trends impacting on workers and businesses.
It will also highlight those organisations delivering real and measurable benefits, not only in improving the health and well-being of their workforce but also in boosting the health of their balance sheets.
According to the Office for National Statistics, around 131 million working days were lost last year on account of sickness absence.
Neville Koopowitz, CEO at PruHealth, said: “With an ageing population, rising retirement age and the increase in chronic diseases linked to lifestyle, it is becoming more critical than ever to ensure a healthy long-term workforce. Organisations are starting to recognise the link between a healthy workforce and a healthy bottom line, as those that encourage health and wellness within the workplace see lower sickness absence, lower presenteeism and greater productivity.
“The Britain’s Healthiest Company Index will give vital insight and understanding into how healthy today’s workforce is, and which organisations are holding the gold medals when it comes to safeguarding their employees’ health and motivating them to lead a healthier way of life.”
As well as trophies for the winners, each participating organisation will receive a corporate health report detailing the main health risks facing their organisation, recommendations on how to improve, and how they are benchmarked against other companies. Employees will also receive a personal health report, providing insight into their health and recommendations on lifestyle changes they can make.
John Anderson, UK market business leader for health and benefits at Mercer, said: “Employees who feel their employer cares about their health and well-being are more likely to be more engaged and loyal, resulting in higher productivity, higher profitability and higher customer support. The business case for ensuring a healthy company is indisputable and we are searching for beacons of best practice across the country.”
The overall winner will be named Britain’s Healthiest Company and there will be further commendations for other high-performing companies.
The closing date for entries is 7 November, with the results announced early in 2013. More details on how to enter are at www.britainshealthiestcompany.co.uk
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