Employee health and wellbeing today
Challenges both inside and outside the workplace impact employees, resulting in disengagement, lack of community, loneliness and poor health.
Employees are struggling with mental health
What is the impact to your business?
The wellbeing of your employees ultimately affects your workplace and business performance.
High Turnover
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- Turnover as a result of culture and lack of recognition costs
90%–200%
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- of a departing employee’s salary.
(Mercer)
High Absenteeism
78% of employees miss work due to mental health concerns with 34% missing work for two months or more.
(Mental Health Foundation)
Lost Productivity
Productivity losses linked to absenteeism cost $1,685 per employee.
(CDC)
The Evolution of Employee Assistance Programs (EAP)
Traditional Employee Assistance Programs have a utilization rate of less than 5%, only reaching a few employees who raise their hand and ask for help. Modern Employee Assistance Programs that embrace the digital experience support 100% of employees proactively, so they stay healthy at work and home.
| Traditional EAP | Modern EAP |
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The Wellbeing Journey with LifeWorks
Help your employees feel supported, guided, connected, recognized and rewarded with the LifeWorks Wellbeing Platform.
The Wellbeing Cycle e-book
Employee wellbeing is a strategy in which you support workers in every aspect of their lives. From physical ill health and depression to a family bereavement and spiralling debts, these are all issues which must be resolved.
Why do these concern you as an employer?
Well, employees who have the support, guidance, and advice they need to achieve physical, mental, and emotional health are far more productive at work. It’s simple, you look after them, and they look after your business.
Download our e-book and start transforming your organization today.
