According to research by Simplyhealth, one in three employees do not feel valued by their employer. This raises concerns that companies are failing to communicate they care about the health and wellbeing of employees, to the detriment of engagement and productivity.
The research highlights stark contrasts between the views of employers and employees.
Compared to 14% of employers, 43% of employees do not feel their employer does anything to look after their physical health at work. The same is true for emotional wellbeing as almost half of employees suggest their employer does nothing, but only 13% of employers feel this is the case. 62% of employees believe their workplace does not support their financial wellbeing, compared to just 2% of employers.
James Glover at Simplyhealth says, "Employers who address physical, emotional and financial health and wellbeing could improve engagement and ultimately the productivity of their people. Wellbeing is highly valued by employees and a key driver in their level of job satisfaction, loyalty and motivation. If employers fail to communicate that they care, they could lose talented people as soon as the job market starts to recover. An effective wellbeing strategy can improve morale, boost productivity, reduce sickness absence and aid retention."
The research suggests that health and wellbeing has a direct impact on loyalty in the workplace. Three quarters of employees who feel their employer cares a great deal about them describe themselves as loyal. In contrast, this drops to just 3% for those that feel their employer doesn't care. Three out of ten of employees whose employer does not care said they were actively looking for work elsewhere, a number seven times higher than those who do feel their employer cares about health and wellbeing.
Health cash plan news: 12 June 2011