Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Business > How to foster a healthy workforce as sick leave figure drop
    Business

    How to foster a healthy workforce as sick leave figure drop

    How to foster a healthy workforce as sick leave figure drop

    Published by Gbaf News

    Posted on August 30, 2018

    Featured image for article about Business
    Tags:Employee Benefits Associationhealthy workforcewell-being strategy

    By Vicki Field, HR Director at London Doctors Clinic

    Gone are the days of sleeping off a bout of illness in bed! Figures released by the Office for National Statistics suggest that a sniffle and a sore throat won’t get in the way of work for most Brits, and reveal that the average number of sick leave days taken by UK employees has almost halved in the past 25 years.

    But what does this mean for employers?

    Having a motivated and productive staff force is the backbone of a good business.

    A company needs to balance an effective approach to absence management with the understanding that people can be genuinely ill; supporting unwell employees is an important part of any absence management strategy.

    There are numerous theories around what causes people to attend work whilst ill, ranging from employees’ fearing being managed-out of a company or not being paid for being absent, to a culture of ‘presenteeism’ where any absence is viewed negatively.

    Attending work whilst ill can be unhealthy for employees as it prolongs their period of ill health. There could also be long term mental health risks for staff members who are physically burnt-out or unwell but feel obliged to work. Also, on a very practical level being at work doesn’t necessarily meant that sick staff are being productive, and they are more likely to spread germs to other colleagues.

    Vicki Field

    Vicki Field

    Why you need a well-being strategy

    None of us function at our best when sick and it only makes sense that healthy individuals are better placed to contribute towards productivity. Every company should have a well-being strategy to ensure their employees are as healthy as possible. A positive by-product of implementing this would be having higher motivation and productivity levels, as employees feel more valued.

    A well-being strategy pulls together all the interventions a company can apply to support the mental and physical health of employees. It can include partnering with organisations such as an Employee Assistance Programme or a private GP practise to provide on-site medical support. It can also include lower cost practises such as encouraging walking clubs or weight loss challenges across the company. Workforces are different in every company; a legal firm will have different challenges to a high volume call-centre with shift work. The key is to understand your people, and the specific challenges or stresses they’re exposed to at work.

    A recent report by Reward and Employee Benefits Association (REBA), Employee Wellbeing Research 2018, provides insight into the fact that most employersare likely to provideEAPs, whereas employees preferred cash-bought benefits such as dental insurance and medical cash plans. What this shows, is the importance people place on their health and the value that they perceive in accessing a private dentist or doctor. One of the best ways to develop a relevant well-being strategy for your company is to simply ask your people what they want.

    There can be a cost to a well thought out strategy, so measuring the effectiveness of the strategy is the key way to communicate the bottom line benefits to the board. Have absence rates decreased? Has motivation increased? Has turnover decreased? Looking at specific KPIs, as well as talking to your people, can assist with understanding which elements of the strategy are working, and which need tweaking.

    What can you do to proactively ensure a healthy workforce

    Here are some of my top tips for having a healthy culture in this regard.

    • Introduce a well-being strategy designed to support the mental and physical health of your employees
    • Ensure a combination of low cost practises such as encouraging staff to take a lunchbreak, with a reward practise such as introducing PMI or access to a private GP
    • Introduce flexible working; employees may not feel well enough for the trip into the office and sitting in it all day, but they feel able to keep on top of emails at home
    • Ensure managers are trained in absence management, and always hold a back to work interview to ensure that the employee is well enough to return and to capture any underlying issues
    • Proactively identify employees who are clearly too ill to be at work, and send them home.

    By Vicki Field, HR Director at London Doctors Clinic

    Gone are the days of sleeping off a bout of illness in bed! Figures released by the Office for National Statistics suggest that a sniffle and a sore throat won’t get in the way of work for most Brits, and reveal that the average number of sick leave days taken by UK employees has almost halved in the past 25 years.

    But what does this mean for employers?

    Having a motivated and productive staff force is the backbone of a good business.

    A company needs to balance an effective approach to absence management with the understanding that people can be genuinely ill; supporting unwell employees is an important part of any absence management strategy.

    There are numerous theories around what causes people to attend work whilst ill, ranging from employees’ fearing being managed-out of a company or not being paid for being absent, to a culture of ‘presenteeism’ where any absence is viewed negatively.

    Attending work whilst ill can be unhealthy for employees as it prolongs their period of ill health. There could also be long term mental health risks for staff members who are physically burnt-out or unwell but feel obliged to work. Also, on a very practical level being at work doesn’t necessarily meant that sick staff are being productive, and they are more likely to spread germs to other colleagues.

    Vicki Field

    Vicki Field

    Why you need a well-being strategy

    None of us function at our best when sick and it only makes sense that healthy individuals are better placed to contribute towards productivity. Every company should have a well-being strategy to ensure their employees are as healthy as possible. A positive by-product of implementing this would be having higher motivation and productivity levels, as employees feel more valued.

    A well-being strategy pulls together all the interventions a company can apply to support the mental and physical health of employees. It can include partnering with organisations such as an Employee Assistance Programme or a private GP practise to provide on-site medical support. It can also include lower cost practises such as encouraging walking clubs or weight loss challenges across the company. Workforces are different in every company; a legal firm will have different challenges to a high volume call-centre with shift work. The key is to understand your people, and the specific challenges or stresses they’re exposed to at work.

    A recent report by Reward and Employee Benefits Association (REBA), Employee Wellbeing Research 2018, provides insight into the fact that most employersare likely to provideEAPs, whereas employees preferred cash-bought benefits such as dental insurance and medical cash plans. What this shows, is the importance people place on their health and the value that they perceive in accessing a private dentist or doctor. One of the best ways to develop a relevant well-being strategy for your company is to simply ask your people what they want.

    There can be a cost to a well thought out strategy, so measuring the effectiveness of the strategy is the key way to communicate the bottom line benefits to the board. Have absence rates decreased? Has motivation increased? Has turnover decreased? Looking at specific KPIs, as well as talking to your people, can assist with understanding which elements of the strategy are working, and which need tweaking.

    What can you do to proactively ensure a healthy workforce

    Here are some of my top tips for having a healthy culture in this regard.

    • Introduce a well-being strategy designed to support the mental and physical health of your employees
    • Ensure a combination of low cost practises such as encouraging staff to take a lunchbreak, with a reward practise such as introducing PMI or access to a private GP
    • Introduce flexible working; employees may not feel well enough for the trip into the office and sitting in it all day, but they feel able to keep on top of emails at home
    • Ensure managers are trained in absence management, and always hold a back to work interview to ensure that the employee is well enough to return and to capture any underlying issues
    • Proactively identify employees who are clearly too ill to be at work, and send them home.
    Related Posts
    Cybersecurity as a Profit Engine: Turning Financial Services Security into Measurable Business Value
    Cybersecurity as a Profit Engine: Turning Financial Services Security into Measurable Business Value
    How Investability Helps Companies Navigate Transformational Times
    How Investability Helps Companies Navigate Transformational Times
    88% of UK and US organisations concerned about state-sponsored cyber attacks as national threat levels surge, IO research reveals
    88% of UK and US organisations concerned about state-sponsored cyber attacks as national threat levels surge, IO research reveals
    One in three SME leaders do not fully understand cash flow, despite 82% facing cash flow problems
    One in three SME leaders do not fully understand cash flow, despite 82% facing cash flow problems
    Inside the Company that Predicted the Remote Work Mega-Trend Before It Became Mainstream
    Inside the Company that Predicted the Remote Work Mega-Trend Before It Became Mainstream
    SEO Consultant Adrian Czarnoleski on How to Increase Business Value Before Exit
    SEO Consultant Adrian Czarnoleski on How to Increase Business Value Before Exit
    No SOC 2, No Deal: Why You’re Already Losing Clients - and What You Can Do About It
    No SOC 2, No Deal: Why You’re Already Losing Clients - and What You Can Do About It
    Jose Tolosa Guides Organizations Forward with Clarity, Purpose, and Integrity
    Jose Tolosa Guides Organizations Forward with Clarity, Purpose, and Integrity
    Reducing Freight Costs to Drive Global Trade Expansion
    Reducing Freight Costs to Drive Global Trade Expansion
    The Psychology of Music in the Modern Workplace
    The Psychology of Music in the Modern Workplace
    Revealed: Low-Cost/No-Cost Marketing Hacks For Results Oriented Businesses
    Revealed: Low-Cost/No-Cost Marketing Hacks For Results Oriented Businesses
    Finance teams still stuck in spreadsheets as manual processes stall digital transformation
    Finance teams still stuck in spreadsheets as manual processes stall digital transformation

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Business Post‘Sales’ doesn’t have to be a dirty word
    Next Business PostOver Two-Thirds of Employees embrace the Growth of AI in the Workplace

    More from Business

    Explore more articles in the Business category

    The Future of Remote & Hybrid Leadership: Leading With Data-Driven Foresight

    The Future of Remote & Hybrid Leadership: Leading With Data-Driven Foresight

    2025-2030: The Next Technological Innovations for Business

    2025-2030: The Next Technological Innovations for Business

    The CFO’s New Playbook: 5 Ways AI Is Redefining Finance with Insights from Rishi Oberoi

    The CFO’s New Playbook: 5 Ways AI Is Redefining Finance with Insights from Rishi Oberoi

    Revolutionizing Payments: Secure, Scalable, Sovereign

    Revolutionizing Payments: Secure, Scalable, Sovereign

    Why Trademark Abuse in Paid Search Is a Growing Risk for Financial Institutions

    Why Trademark Abuse in Paid Search Is a Growing Risk for Financial Institutions

    E-commerce Customer Service: Tips

    E-commerce Customer Service: Tips

    When to Automate Your Warehouse: The Tipping Point for Operations Growth

    When to Automate Your Warehouse: The Tipping Point for Operations Growth

    Hurt at Work? 5 Financial Facts You Need to Know

    Hurt at Work? 5 Financial Facts You Need to Know

    Against the Odds: Resilience in Consumer Subsectors Offers Prime Opportunities for Investors

    Against the Odds: Resilience in Consumer Subsectors Offers Prime Opportunities for Investors

    Empower Your Workforce With Financial Wellness This Labor Day

    Empower Your Workforce With Financial Wellness This Labor Day

    Build a brand that stands out with five simple strategies, from defining your UVP to using storytelling and building loyalty. Find out more.

    Build a brand that stands out with five simple strategies, from defining your UVP to using storytelling and building loyalty. Find out more.

    The Hybrid Office Playbook for Financial Services: How to Design Hybrid Offices to Optimize People and Spaces

    The Hybrid Office Playbook for Financial Services: How to Design Hybrid Offices to Optimize People and Spaces

    View All Business Posts