How can Good Health & Well-Being Improve Profitability?
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Worcestershire Works Well is a free accreditation scheme that aims to support employee health and well-being improvement across Worcestershire businesses. The scheme is a partnership between private, public, and voluntary sectors. It offers a three-level accreditation program to businesses. Improving employee health and well-being has been shown to increase business profitability and productivity. The program highlights case studies of businesses that have achieved accreditation levels and experienced benefits such as lower absenteeism and staff turnover.
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How can Good Health & Well-Being Improve Profitability?
- 1. @WorcsWorksWell www.worcestershireworkswell.co.uk Worcestershire Works Well is a FREE accreditation scheme designed to support businesses to improve the health and well-being of their employees. Improved employee health and well-being has been shown repeatedly to improve profitability and productivity of businesses. Join this webinar and find out how! There is a link at the end of this deck to the associated blog and webinar recording.
- 3. @WorcsWorksWell www.worcestershireworkswell.co.uk Introduction • Aims to support employee Health and Wellbeing improvement across Worcestershire • Partnership between private, public and voluntary sector • 3 level accreditation scheme • …..FREE!
- 5. @WorcsWorksWell www.worcestershireworkswell.co.uk Context of Workplace Wellbeing • Worcestershire has an ageing population, and therefore workforce – 21.2% of population aged 65+ • A healthy workforce increases productivity • Improved staff loyalty and motivation • Reduced Absenteeism
- 6. @WorcsWorksWell www.worcestershireworkswell.co.uk The WWW Journey... • Pilot initiative delivered at DHL, Droitwich • Health MOT’s and Staff survey • Series of health interventions • Significant cost savings
- 8. @WorcsWorksWell www.worcestershireworkswell.co.uk Progress to date… Quarter 1 Quarter 2 Quarter 3 Quarter 4 New Businesses 6 16 22 25 Trajectory 6 13 19 25 0 5 10 15 20 25 30 Numberofsignups New business sign up's 2015/16 against trajectory Target: 25 new business sign ups across the county
- 9. @WorcsWorksWell www.worcestershireworkswell.co.uk Case study - Southco • WWW supports strategic vision ‘LIVE WELL – STAY HEALTHY – ENJOY LIFE’ • Achieved Level 1 accreditation in May 2013 • Level 3 accreditation in September 2014 • HWB KPIs are aligned to WWW standards and have provided a framework to work to – resulting in achievement of Level 3 • KPI measurements of success include: participation rates, cost per head, employee feedback.
- 10. @WorcsWorksWell www.worcestershireworkswell.co.uk Case study - Titania • Achieved Level 1 accreditation in April 2014 & Level 2 in September 2014 Benefits of Worcestershire Works Well • Lower than average absence rates • Low staff turnover (2014) - 10% • Solid policies and procedures (reducing legal risk) • Recruitment benefits What next? • Speak to other businesses on same journey • Continue to engage with staff – balance staff needs with company needs • ……reap the benefits!
- 13. @WorcsWorksWell www.worcestershireworkswell.co.uk BizSmart help business owners of small and medium sized businesses to create value and scale their businesses through sound practical business support by providing insight, Clarity combined with a real determination to help you succeed. You can access webinars and presentations like this and more besides through our SmartRoom service here You can read the associated blog and listen to a live recording of this presentation by clicking here
- 14. @WorcsWorksWell www.worcestershireworkswell.co.uk •Need a sounding board for your ideas? •Need to know what to prioritise? •Want someone to challenge your assumptions?
- 15. @WorcsWorksWell www.worcestershireworkswell.co.uk BizSmart – Where Smart people go to surround themselves with other Smart people, to gain business success.
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- Aims Who can access WWW? WWW is open to all private, public and voluntary orgs in Worcs – regardless of size Partnership scheme 3 level accreditation, 9 standards – aiming to promote not only traditional PH messages but also helping create a healthy culture in the business (Promoting good health, tobacco control, physical activity, healthy eating, health and safety, leadership, attendance management, alcohol and substance misuse, mental health) Cost? Sign up to WWW is free and includes significant support from a WWW representative – however in order to achieve the benefits associated with improved hwb there is more to consider than simply ‘ticking a box’
- Partnership between the public, private and business sectors Each partner has expertise in their field WCC – Promoting good health, smoking, alcohol WRS – Health and safety, healthy eating Wellness works – mental health Chamber – Attendance management, leadership, Sports partnership – Physical activity
- Worcs ageing population Older population than nationally with 21.2% population aged 65+ compared to 17.3%. , Worcs also has a higher life expectancy than both the west midlands and uk In many respects this is a positive. Older employees are often the most experienced and qualified staff, while Research also suggests that older employees are happier to work independently and flexibly. There is a suggestion that employees in their 50’s and 60’s are less achievement orientated, as they are more likely to have achieved their goals or realised their limitations Findings from a ‘talent Q’ survey of 15,000 employees. There are also differences in an employees expectations of their workplace. For example many older employees expect health and wellbeing initiatives in the workplace and expect opportunity to maintain or develop a healthy lifestyle at work as opposed to the workplace encouraging negative health behaviours (e.g. office cakes, chips in the canteen) – workplace can be central to improving health, or making it worse! Chronic illness becomes more prevalent as we age. Leading a healthy can often assist with the management of a chronic illness and lead to employees taking fewer days sickness. Older workers also expect more flexibility from an employer be it to attend hospital appointments or do the school run A healthy workforce increases productivity Often its said that employment per se is good for health, I think that thought can be challenged somewhat. Generally speaking, good employment is good for health (marmot), however bad employment In a piece of research which analysed the impact of effective workplace wellbeing programmes, one of the conclusions reached was that productivity, on average, increased by 54% One of the businesses reviewed were actually able to reduce their working week from 48 to 40 hours Other benefits included a reduction in errors and an increase in stafff competitiveness Improved loyalty/motivation In Worcestershire, levels of employment are high 77.6% of those aged 16-64 are in employment, which compares favourably to west midlands and GB with 70.7% and 73 .4% respectively Unemployment is low, with rates lower in Worcs (3.4%) than in both West Mids (5.7%) and GB (5.4%) This suggests that employees and prospective employees have wider range of choices… A strong hwb can be seen by staff as employers offering extra for them therefore improving staff retention and reducing staff turnover – creating significant saving in training and recruitment Reduced absenteeism Most common short term absence are attributable to colds and flu, stomach upsets stress Improved health and wellbeing and ensuring the business has a healthy culture can reduce the incidence of each of these. Also reduced presenteeism
- DHL pilot 1. Death in service, were approached by company who wanted to improve H&WB of staff and prevent a recurrence 2. Health MoTs undertaken on site – 55 staff, revealed that 27% had high BP and 75% were overweight/obese 3. Interventions - The health and wellbeing intervention proved a real catalyst for change with renewed efforts in supporting staff to make healthier lifestyle choices. - Stop smoking service - Health walks for staff and their families - healthy eating options in the canteen - Various physical activity schemes provided for staff 4. Impact – Reductions in sickness absence saving the business £37, 129 within a year of implementing change
- As well as increased traction across Worcestershire, WWW has also been a recipient of a coveted national award. In October 2014, WWW were awarded a 2 year RSPH health and wellbeing award. Only 14 organisations spanning the public, private and third sector achieved accreditation. This shows how workplace wellbeing, and ensuring the working age population grow old healtily is of accepted importance both locally and nationally
- The WWW journey to date has been one of continued growth, with increased reach and recognition year on year. This financial year has seen a considerable level of growth. The WWW steering group, in agreement with the WWW strategic board, set the ambitious target of achieving 25 new sign ups; - as show in this graph….. and At least 78 active businesses Also looking to work towards ensuring that at least 50% of those signed up businesses reach a level of accreditation In 2015/16 we reached the milestone of impacting upon or delivering PH messages to more than 25,000 employees – which equates to approx. 10% of the Worcestershire Workforce
- What do they do? Create access hardware solutions – latches, hinges, screws, electronic locks etc Have an unmatched portfolio of access hardware solutions through innovative and strategic acquisitions 250 employees Achieved L1 accreditation in may 2013 before becoming the first WWW business to achieve level 3 accreditation in September 2014 Southco WWW feedback The well-designed and user-friendly toolkit has given us a structure to work to and has allowed us to benchmark our activities. This has helped us in our strategic planning but has also helped us to understand the current health issues which are affecting the workforce both locally and nationally. This means that as an organisation we really are making a difference in terms of the working population and, of course, reaping the commercial benefits
- What do they do Developers of Security Auditing software products – Product ‘Nipper studio’ received recognition as an industry leading network security tool WWW Story 15 employees, signed up to the scheme in March 2013, achieving L1 accreditation in april 2014 and level 2 in september 2014 Benefits of WWW Lower than average absence rates – no cases of long term sickness and in 2014, 2 months with 0 absences Reductions in staff turnover to 10% - £11,364.22 savings per year (sickpay – using national average calculation) Savings of at least £5000 in recruitment and savings in training costs Recruitment benefits – more attractive employer
- WWW website development Improved our interaction with businesses. Businesses are now able to access the toolkit through the website, detailed PH campaign information Re-cap 9 standards, 3 levels
- Visit our new look website to view the toolkit and/or sign up to the scheme If you choose to sign up, you will be allocated a WWW rep who will make contact with you to arrange your first visit Campaign pack For more information please contact us on the email address