The True Cost of a Wellbeing Plan

The True Cost of a Wellbeing Plan

Is wellbeing essential yet in your organisation or still a nice to do?

On this episode I’m talking about reasons why putting wellbeing at the heart of your business has a massive impact on business success and bottom line.

The episode is packed full of the info and key things I’m sharing are:

  • How you can build a business case to persuade leaders
  • The stats and info that will support your case (so grab a pen)
  • The key information to enable you to measure outcomes, create stats and track the ROI.
  • Which are the most vulnerable demographics that you can watch out for
  • Compelling reasons that help you assess the true cost of a wellbeing plan.

In this episode I’m taking a look at costs associated in organisation with the wellbeing plan or costs associated with not having one!  In essence – it’s the price you might pay if you choose not to invest.

Whether you’re building a business case or trying to persuade board members, business leaders and your c suite, then grab a pen.  This episode is for you.

I have these conversations all the time with HR and Wellbeing leads so listen in where I give a real life example of the way to change thinking and direction to present information in a way that hits the spot with your leaders.

I share the options of different reasons why you might want to encourage your leaders to invest in a wellbeing plan.

These range from:

Improving company brand and enhancing PR 

Impacting direct and indirect business costs such as healthcare, EAPs, absences and attrition.

Deloitte 2020 say 62% of managers feel obliged to put work needs ahead of staff wellbeing

The cost to UK Businesses every year according to Deloitte report in 2020 is:

£8.6 billon in Staff Turnover Costs

£6.8billion in Absence costs

£29.3 billon on presenteeism costs

25% of employees fear the consequences of opening up and talking about their Mental health and wellbeing issues…..  I’ve seen this with clients and share an example on the podcast.

I also share other ways that ignoring wellbeing can be costly to your business and can guard against any employment and tribunal claims too.

Get in touch if you have any questions or if you’d like some help and support with your wellbeing plan, with a brainstorm session, some tips and advice to enhance your plans or information about my coaching and wellbeing training.

Please do make sure you hit ‘subscribe’ so that don’t miss an episode.  

 

If you haven’t yet  left a review, please do go and find the little button to leave a review and let me know your thoughts, key take-aways and what you value from the podcast.

 

Join my corporate leadership and wellbeing newsletter HERE

If you want to be increasing your performance so that you’re more resilient in these current times, so that you can focus easily, use tools and techniques to deal with all the current and unknown challenges then make sure that you either drop me an email to emma@emmalangton.com .   Or head over to my website  and either send me a email from there or book an appointment straight into my diary – saving all that to-ing and fro-ing that you get when we try to get space in people’s diary.

Share this post

Share on facebook
Share on google
Share on twitter
Share on linkedin
Share on pinterest
Share on print
Share on email

Don't forget you can get my FREE workbook HERE:

Emma Langton Free Guide

By signing up you are confirming you would like this free guide and to receive my value packed emails, with news, information, support and sometimes details about my products, services or special offers. I will never sell your information and will protect it in accordance with my privacy policy. You may withdraw consent at any time by unsubscribing.

Feeling Overwhelmed?

That feeling of overwhelm can become a negative spiral once it starts.

  • You start to feel out of control
  • There’s too much to do
  • Not enough time to do everything
  • Worry or panic sets in
  • You can’t think clearly and everything seems so difficult
  • Before long, you’re wondering if you can cope at all

This free guide has simple steps to breaking that overwhelm cycle. You can use each step individually or all together. There are 7 simple and straightforward steps to get you out of overwhelm, feeling calm, clear headed and in control.

By signing up you are confirming you would like this free guide and to receive my value packed emails, with news, information, support and sometimes details about my products, services or special offers. I will never sell your information and will protect it in accordance with my privacy policy. You may withdraw consent at any time by unsubscribing.