Why is corporate wellbeing so important?

Posted in , , , by Miss Sophie Dalton

The most successful businesses are the ones who take care of their most important asset – their workforce. Sickness and absence from work are a given in any workplace. In 2006, it was recorded that 175million working days were lost due to illnesses.

What if there was a way to reduce this and improve overall wellbeing and therefore productivity of the company?

Dating back to the creation of the first vaccine, it has long been understood that prevention is better than cure and to catch something in its early stages is the ideal outcome. Previous research has shown that the investment into workplace wellbeing programmes can help to reduce the number of hours lost due to illness.

Identifying potential chronic conditions at an early stage can reduce the number of hours lost had the illness progressed to a problematic stage.

Key person risk is one of many factors that makes executive health benefits almost essential to any company. Losing a valued team member due to a health concern is costly in a multitude of ways. Economically the loss of business and the cost both monetarily and time wise of replacing them means that it could not be more important to prevent the loss by proactively providing health care.

As well as looking after the employees you already have providing a healthcare benefit can also increase recruitment opportunities.

As time moves on an increased number of companies are investing in healthcare provisions for their staff making them more desirable as an employer to potential new recruits.

Companies who still lack the same benefit may see a downturn in employee uptake as the market becomes more competitive and healthcare becomes an expectation of company benefits.

It has been seen that companies who show greater care for the wellbeing, both physical and mental, have a reduced turnover of staff.

Additional perks such as healthcare plans improves a company’s employee value proposition (EVP) which helps to attract and maintain top talents.

What can employers offer?

Preventative health assessments are a regular check on health, done before any symptoms arise. They allow the client to gain information about their current state of health and what could happen in the future. If any issues are found, they can be dealt with immediately or monitored closely to ensure any change is noted.

Armed with expert knowledge, health conditions that would ordinarily be problematic become manageable, and in some cases even avoidable.

These heath assessments can be repeated at regular intervals to allow for comparison of results leading to a more comprehensive review of the client’s health.

In a post pandemic world where health anxiety is at an all time high for many people, it can be hard for businesses to know the best course of action to support their employees’ physical and mental health.

The default for many companies seems to be offering a health insurance package which covers various medical treatments that an individual may need over the course of their employment.

Whilst this gesture is popular, a preventative method can be more effective as it stops an issue at its root to reduce the possibility of further action.

Stress and physical wellbeing

Some experts have theorised that stress can have an impact on our physical health, causing us to become run down and leading to other, more serious, problems.

Studies have shown that the one of the greatest causes of stress in the lives of the working population is work.

The fast-paced lifestyle of the executive is a stressful environment. Workplace stress can cause people to become more susceptible to illnesses such as cold and flu, if prolonged and unchecked the stress can contribute to more serious issues such as heart disease or a stroke.

There is a strong link between work and the health and wellbeing of employees therefore, it makes sense that the employers themselves hold some responsibility to encourage their employees to prioritise health.

A survey showed that 29.8% of employees experience stress and anxiety relating to their health, this type of stress can reduce productivity and lead to an increase in sick days taken.

Keeping on top of company health is essential to reduce hours lost due to absence.

Echelon Health Corporate Health Assessments

Echelon Health’s platinum health assessment can detect up to 92% and 95% of preventable causes of death in men and women. Included in the platinum assessment are the following tests:

  • Medical Questionnaire & Pre-Assessment
  • Blood Tests
  • ECG
  • CT Aorta
  • CT Heart
  • CT Coronary Angiogram
  • CT Chest
  • CT Pelvis
  • CT Virtual Colonoscopy
  • CT Bone Density
  • EOS
  • CT Upright Skeleton
  • MRI Brain
  • MRI Cerebral Artery Angiogram
  • MRI Carotid Artery Angiogram
  • MRI Prostate
  • Ultrasound Thyroid
  • Ultrasound Testes/ Ovaries
  • Digital Mammogram
  • Full Body Mole Screen
  • Final Consultation

The assessment itself takes around 6-7 hours meaning it fits in to the busy lifestyle of executives and arms individuals with a wealth of invaluable knowledge about how to stay at the top of their game for as long as possible.

Cutting edge technology and a highly experienced team of medical professionals has allowed Echelon to become a front runner in the world of preventative healthcare. With several CEO testimonials available on our website, it is easy to see why employers are choosing an Echelon Health assessment for their staff.

If you would like to hear more about the corporate packages available through Echelon Health, please don’t hesitate to contact our team.

 

 

 

Sources:

Working for a healthier tomorrow – Dame Carol Black’s Review of the health of Britain’s working age population (publishing.service.gov.uk)

Prevention is better than cure: our vision to help you live well for longer – GOV.UK (www.gov.uk)

Engaging for Success: enhancing performance through employee engagement (ioe.ac.uk)

Optimising workplace interventions for health and well‐being: A commentary on the limitations of the public health perspective within the workplace health arena | Emerald Insight

What Is Key Person Risk? | Echelon Health

What are the benefits of corporate health checks for your company? (echelon.health)

Health Screenings & the Future of Healthcare | EchelonHealth

Work is biggest cause of stress in people’s lives – Mind

Sickness absence and health in the workplace: understanding employer behaviour and practice – an interim summary – GOV.UK (www.gov.uk)

5 Reasons Businesses Should Provide Company Health Insurance [Guide] :: Drewberry™ (drewberryinsurance.co.uk)