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10 ways to reduce the financial impact of ill health in your small business
1. 10 ways to help reduce the financial
impact of ill-health in the workplace
2. ❶ Provide support in the workplace
A corporate wellness programme can enable employees to
be at work while receiving support and or medication after
a period of illness.
3. ❷ Prevention is better than cure
Immunisation in the work place can considerably reduce
absenteeism or sickness, and help maintain a productive
environment.
4. ❸ Count the cost of sickness
Poor employee retention means high staff turnover costs,
loss of company knowledge and decreased morale. Small
business managers should be trained in recognising the
signs of ill health.
5. ❹ Implement health screening
Health screening can drive productivity and return
financial benefits. Qualified doctors and nurses are on-
hand to assist.
6. ❺ Do some forward planning
Professionally conducted health risk assessments
provide vital information for the future protection of
your workforce.
7. ❻ Identify potential hazards
Assessing you workplace for hazards pre-empts risk. Our
advisers can help you identify those hazards, and explain
how to make provisions for them in your workplace.
8. ❼ Understand relevant legislation
If you are not thinking about corporate wellness
programmes, you may not be meeting your
legislative needs.
9. ❽ Be aware of employee rights
Being aware of the Health & Safety at Work Act 1974,
the Employment Rights Act 1996, or the Employment
Act 2002, will enhance your ability to discuss issues
with your employees.
10. ❾ Consider Occupational Health
provision
Occupational health management can help you focus on
employee retention without a period of absence.
11. ❿ Watch out for presenteeism
Considering the impact of people coming to work with
illness is as important as managing the issues that come
with absenteeism.
12. Heading Protect your bottom line:
Remember:
Health for Work Adviceline for Small Business
0800 0 77 88 44
Free, practical advice
Your first step to a healthier business