Skip to main content

Career Development: The importance of well-being checks

support1

New research commissioned by financial protection specialist Unum shows two-thirds of companies do not have processes in place to monitor the mental and physical health of employees.

Unum surveyed more than 400 businesses and found that, in addition, more than one-third (34%) do not have any kind of wellbeing strategy in place.

To help businesses understand the quality of their wellbeing provision, Unum has created a free online tool that takes less than 10 minutes to complete. By entering details about their company size and workplace environment, along with the support and strategies currently in place, participants receive an MOT-style analysis of how their wellbeing strategy matches up to the needs of their employees, along with practical advice on the areas they can improve.

Linda Levesque, HR director at Unum, said: "Workplace wellbeing is quickly climbing the agenda as businesses realise the real value it can make both to employee engagement and the bottom line. However, while many businesses have taken proactive steps to improve the support on offer to staff, they need to take a more holistic approach.

"Just one in seven (15%) communicate their wellbeing strategy to staff at least once a month, and even fewer - one in 10 (11%) - provide compulsory training to managers on their company's wellbeing strategy and benefits. So, while they may have brought in a great new scheme to help improve employee health, unless they communicate this to staff and train line managers on how and when to offer it, they are not making the most of the associated benefits."

The research also found that less than a quarter (23%) of senior employees fully embrace employee wellbeing, despite these same individuals being responsible for investment in and improvement to the support and benefits on offer to staff.

To try Unum's Wellbeing MOT tool and see how your company scores, visit www.unum.co.uk/wellbeingmot

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: https://subscriptions.postonline.co.uk/subscribe

You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.

Q&A: Greg Ferguson, Bridge Specialty

Greg Ferguson, Bridge Specialty International’s new CEO of international distribution, reveals how he intends to accelerate the growth of the business outside the US.

Why insurance’s culture of utmost good faith is under threat

After nearly four decades working in general insurance, Brett Sainty, CEO of BLW Insurance Brokers, warns that rising enforcement action, commercial pressures and mounting broker debt signal a dangerous erosion of integrity, trust and the doctrine of utmost good faith at the heart of the industry.

Diary of an Insurer: Marsh’s Kasia Lipinska

The working week of Kasia Lipinska, automotive and manufacturing industries leader at Marsh, is a whirlwind of cars, clients, and cyber plus supporting her wife with chemotherapy and daughters with their GCSEs.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here