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Cover Magazine - Employers count benefits of health and wellbeing support

Almost nine in 10 employers have benefited from supporting the health and wellbeing of their staff, according to research from Group Risk Development (GRiD).

From a survey of 505 HR decision makers at UK businesses, 89% of respondents said they have recorded manifested improvements as a result of a focus on staff health and wellbeing.
Almost half (45%) of employers said that supporting the health and wellbeing of their staff demonstrates that they care about their employees, creating loyalty and engagement, while a similar level (42%) said staff will be more engaged when they know they are being supported.

One in three employers (33%) said that supporting health and wellbeing is "integral to their company ethos" and in turn helps fulfil their business objectives, while 31% said that successfully managing health and wellbeing results in reducing absenteeism.

Meanwhile, around one in four (26%) said that supporting the health and wellbeing of staff acts as a differentiator when it comes to recruitment and retention, and 19% of employers said that potential clients are interested in staff wellbeing policies.

Katharine Moxham, spokesperson for GRiD said: "During a pitch process or when responding to a request for tender, most businesses are accustomed to being asked for specific environmental, CSR or equal opportunities policies, etc. What's really interesting is that, judging by this research, that list may now extend to how well an organisation looks after its staff too."

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