5 reasons your company should be investing in employee health and wellbeing

A little investment goes a long way when it comes to motivating and engaging your workforce. Want to show them you care? Targeting your employees’ health and wellbeing shows a comprehensive commitment to your employees’ lives.

More demand, less funding

Here in the UK, more people are accessing NHS services every year. According to the Office of National Statistics (ONS), the UK population hit a record high of 66 million residents in 2017 and is projected to continue growing, reaching almost 73 million by 2041. 

Proportional population growth shouldn't be a huge issue. In theory, the service should grow alongside our population. But one reason the population is growing is that people are living for much longer – in 2016, 18% of the UK population was over the age of 65. This is projected to reach 24% by 2037 (ONS). 

We're left scrambling for appointments to pick up routine medication or wasting hours in A&E to see a doctor.

That means many more people are reaching an age where they no longer work, but need to use the NHS much more often. The results are obvious. GPs are stretched for time, hospitals are overcrowded and the 18-week referral-to-treatment standard has not been met since February 2016.

Combine this with a decade of cuts to NHS funding under austerity measures, and we're left scrambling for appointments to pick up routine medication or wasting hours in A&E to see a doctor.

I'm sure this isn't news to you, or your workforce – many people will have experienced these frustrations themselves. It can have a serious impact on our health, both physical and mental.

sad employee

What's next?

So, what’s the solution? There's a lot of negative talk these days about the future, but look on the bright side – millennials are seriously good at streamlining things. 

We're living in an age where technology is making our lives easier and better in so many different ways. Here at Perkbox, we think it makes sense to leverage the tech we use on a daily basis and transform it into an essential healthcare service:.

Perkbox Medical provides a streamlined service that uses mobile technology to cut down on waiting times and reduce strain on the NHS. The pricing is streamlined, too – our fast-track treatment focuses on the essentials, like counselling, physio and X-rays, meaning you’re only paying for what your employees will actually use.

doctors walking

Wellbeing in the workplace

Let's talk about EVPs for a second. Your Employee Value Proposition is the comprehensive package of benefits included in a job. This includes salary and pension, but also additional workplace benefits. 

Discounted gym near the office? Work drinks on a Friday? This is all part of the EVP – everything you give your employees in return for their expertise and hard work.

Employee Value Proposition is the comprehensive package of benefits included in a job. This includes salary and pension, but also additional workplace benefits. 

Unsurprisingly, we think all these perks are great. We're huge supporters of the office Christmas party (the morning after, not so much). But EVP goes beyond this - the aim is to think about your employees as human beings who need support across the board, from a welcoming office environment to an understanding company culture.

Perks can be a lot of fun, but sometimes it's important to get serious when showing employees that you value them. Introducing healthcare benefits into your EVP will have a deeper impact than the usual office perks.

Your employees’ health and wellbeing impact their lives in the office and at home. Looking out for this shows genuine concern for your workforce, beyond the 9-5 day.

doctor patient

Is health an employer’s responsibility?

Here's the crux: people get sick. Like eating, breathing, or sleeping, once in a while everyone will need to visit the doctor. Whether it's a routine check-up or medication renewal, healthcare is a fundamental part of life – and the right to health is a basic human right. 

Just like employers have a responsibility to guarantee a pension, salary or days off, healthcare staff benefits should be part and parcel of a competitive job offer.

With this in mind, we think healthcare should be a part of EVP that more companies consider. Employers have a duty of care towards the people they hire, meaning they are obliged to ensure their safety and wellbeing. Good employers will know that this goes beyond fire drills and a first aid kit. 

Just like employers have a responsibility to guarantee a pension, salary or days off, healthcare staff benefits should be part and parcel of a competitive job offer. It’s not just good for your employees. A comprehensive EVP will attract the best talent to your business, helping your company to develop. 

So, what are the ways in which healthcare staff benefits like Perkbox Medical can genuinely impact the lives of your employees, and your business, for the better?

employees on balcony

1. Employees will feel nurtured

Introducing policies that substantially improve your employees’ lives shows that you genuinely value them. As a result, they will feel appreciated on a deeper level than they would with general perks – although these are appreciated too!

Employment is a two-way street – if workers feel valued, they are much more likely to contribute meaningfully at work.

Your commitment to duty of care will loop directly back into the company, when employees bring that same level of commitment and enthusiasm to the table. Employment is a two-way street – if workers feel valued, they are much more likely to contribute meaningfully at work

It will also further develop a positive company culture. Workers who feel nurtured are more likely to face Monday mornings with a smile, creating a cheerful environment for everyone. 

toddler

2. No more time wasted at the GP

Healthcare benefits will increase the productivity of your workforce in unforeseen ways. For starters, employees who have an existing medical condition may be taking time off work for simple errands like collecting a repeat prescription. 

Perkbox Medical's online system means you can book appointments, speak to a doctor and get prescriptions delivered anytime, anywhere. This streamlined service cuts down on absenteeism, so your workers can get into the office on time.

3. Help remove medical distractions

Of course, health worries can be much worse than finding time for an appointment. They can be incredibly distracting and emotionally destabilising. Combine this with long waiting times for treatment or diagnosis, and it can be hard to juggle the demands of a desk job with ongoing health concerns.

The little things, like skipping waiting times for counselling sessions, or appointments with a GP, can make a huge difference to someone who is coping with a medical condition. Unfortunately, the shortcomings of our healthcare services mostly affect people at their most vulnerable, who don’t have the energy to deal with its problems.

hand holding

Perkbox Medical can help you establish a more inclusive and understanding company ethos, where people who are combating health issues alongside work will feel recognised and supported. This puts your workers in prime position to achieve their full potential

Efforts to ease the stress of healthcare will boost your workplace productivity and commitment. Healthcare benefits show you’re looking out for everyone, including your more marginalised employees – and that’s not something to be sniffed at. 

4. Employees will stick around far longer

Disclaimer: we’re talking about employee retainment. Perkbox does not promise an immortal workforce under this scheme. Of course, hopefully your employees' improved health under Perkbox Medical will mean they can stay working in your company for untold years to come. 

In the shorter term, workers will have much more loyalty towards a company that proves they care about their health and wellbeing. When employers take their duty of care seriously, it impacts the whole company culture. It's much more likely that companies will secure a loyal, long-lasting workforce if they show a genuine concern for the wellbeing of the people around them. 

employees around computer

5. Your company’s reputation will thrive

Employers that commit to improving the health and wellbeing of their workforce stand out for their well-rounded approach to providing for their employees. Your commitment to wellbeing will help cement your reputation as a top employer.

A top employment package will also help your company stand out from the crowd when it comes to recruiting fresh talent. A serious perk like healthcare benefits will make any job offer more tempting. 

Invest in your employee wellbeing

We’re firm believers that happy workers are productive workers. Targeting the health and wellbeing of your workforce is a great place to start.

The more committed you are to caring for your employees, the more likely it is they will care for the company, and put their best work into their job. We know you mean business, so with Perkbox Medical you can provide serious employee support and expect serious results.