Your Business Health
In 2016, sickness absence has been estimated to result in 137.3 million days lost (Labour Force Survey 2017) with the cost to UK businesses and economy estimated between £16 and £29 Billion a year in lost productivity over the last five years (Centre of Economic and Business Research and PwC)
This impacts businesses through lost work time, decreased productivity and escalating costs such as sourcing cover, sick pay and employee benefit claims. Rising rates of sickness absence, costs and changes within the workforce demographic are putting pressure on organisations of all sizes. Developing effective health and wellbeing strategies can prove challenging – through a lack of understanding of sickness absence drivers and an inability to accurately record and report data, the difficulties in embedding year-round strategies throughout organisations, the management and inefficiencies of multiple health providers including traditional Occupational Health Providers which results in a siloed approach.
For the individual, evolving lifestyle and health risk factors are having a marked effect on our wellbeing and there is a growing need for us to self-manage our health effectively. We live sedentary lives, unrecognisable from 50 years ago and face new challenges and stressors of balancing work and home life. After short term sickness absences due to coughs and colds the two major causes of sickness absence are Musculoskeletal and Mental Health.
Therefore, reducing sickness absence requires addressing the health of the employee and the management of health by the employer.
healthcare rm integrates health at an organisational and personal level, acknowledging the uniqueness of each individual and business and delivering bespoke services that meet their needs. We recognise the different health risk drivers of each organisation and the particular multidimensional factors that impact the health of each employee. We introduced an approach to Health and Wellbeing, including musculoskeletal and mental health that considers the whole person and the integration of multiple factors such as activity, exercise, nutrition, weight, height and age.
Our approach reduces sickness absence and associated costs, delivers long term health benefits to the individual, simplifies management processes and improves the efficiency and effectiveness of health and wellbeing strategies.