Employee wellbeing has been a priority in workplaces over the last two years, with employers concerned about the effect of the pandemic on their teams. But, there’s still more that needs to be done.
According to a survey conducted by Censuswide, three in four white-collar workers in the UK are considering quitting their jobs or changing careers because of issues like burnout and a lack of work-life balance.
It’s not just burnout and work-life balance that might be affecting your employees, they could have financial concerns as well. According to Wealth at Work, 32% of people they surveyed are concerned they don’t have enough savings for unexpected costs and 22% are worried about the level of debt they are in now.
As an employer, there are many things you can do to support your employees with their wellbeing. From offering more flexibility with work hours to introducing benefits to support your teams. Here’s some ideas for wellbeing employee benefits you can introduce this year across physical, mental and financial health.
Physical wellbeing employee benefits:
Physical wellbeing is all about eating well, exercising and getting enough rest and sleep. As an employer there are ways you can support your teams, and here’s a few ways you can help:
- Offer a Cycle To Work scheme: with our fully managed scheme your employees can find their ideal bike while saving up to 42% in tax and NI contributions. Plus, as an employer you can also save up to 13.8% on National Insurance payments.
- Give your staff up to 25% off annual Gym Memberships: with our discounted Gym Memberships your employees can get active while also saving money!
- Focus on prevention with Health Screenings: Some health problems aren’t visible, but having a health screening can help your employees assess their overall wellbeing and detect any potential issues before they happen.
Supporting mental wellbeing with an EAP:
Also known as emotional wellbeing, this is all about our ability to think clearly, be aware of our feelings and have the resilience to respond to challenges and know when to ask for help.
Offering an Employee Assistance Programme can help support your employees when they need it most. It gives your employees access to free, confidential mental health support with counseling from BACP-accredited counselors over the phone, email, online or face-to-fact support, 24-hours a day, 365 days a year.
Support your employees with financial wellbeing benefits:
With 75% of employees struggling to focus due to money worries (Octopus Money Coach), it’s important that you support your employees' financial wellbeing, not just for them but for your business too!
You can do this with our Financial Wellbeing Services which can support your employees with financial education and help them take steps towards a financially secure future.
On top of offering education, you can help your employees' wages stretch further with our Employee Discounts. These can help your teams’ make savings on everything from their weekly food shop, holidays or the latest tech.
Speak to us today about wellbeing employee benefits:
If you’re looking to introduce more wellbeing support for your teams this year, we can help! Speak to our experts who can talk you through all the options available and find out what would be best for your business.