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Employee well-being increasingly important in the workplace
Tuesday, 17 July 2007
Life after graduation
There has been a dramatic increase in the number of organisations offering well-being initiatives in the workplace, according to a Chartered Institute of Personnel and Development (CIPD) study.
This year 42 per cent of companies have implemented a well-being initiative, which is up on last year's figures of 26 per cent. Around 60 per cent of companies now have such schemes in place.
The health of the workplace has become an increasingly important topic as absences at work increase. The 'health and fitness programs' are widely used as a way of tackling the problem, while other means of addressing the issue included increasing leave of absence from 8 days last year to 8.4 this year.
Ben Willmott, CIPD employee relations adviser, said: "The report shows employers are increasingly recognising the benefits that that can be gained by supporting employee wellbeing."
He added: "It is becoming more and more evident that organisations are starting to manage employee health rather than sickness, not as a standalone wellbeing strategy but as an integral part of an overall wellbeing programme."
On average, organisations spend 5.4 per cent of their payroll on employee wellbeing benefits in the workplace.