Well@Work Business Case Development

Building your case for a healthier business


Many Wellbeing professionals seek to develop the business case for wellbeing as a series of projects and not as an enterprise wide strategic mandate, and therefore don't capture the true business benefit and capitalise on the opportunity to embed employee wellbeing as part of business operating model and business processes.

Physiosculpt@Work has developed a comprehensive Well@Work 'Business Case Builder' that is designed for you to complete on your own or work with us to add case examples, supporting the case.

When considering the business case for an organisation wellbeing programme it may start with a small pilot, which is very powerful demonstrate the value and benefit in three core areas:

IR
Increased Revenue
How will your wellbeing strategy and programme motivate and energise your employees to improve their sales performance and give you a competitive edge in the market place?
AC
Avoided Cost
How will your wellbeing strategy reduce operational waste over and above the normal reduction in employee absenteeism and increased health cost?
IS
Improved Service
How will a employee wellness strategy improve your customer service, improve relationships with suppliers and partners that stimulates customer and supplier loyalty?

 

 

 

 

 

 

There is much evidence, from professional bodies such as the CIPD and WELCOA, suggesting that an average cost to a business of employee absenteeism due to a poor wellbeing can be in excess of £2.5m per year with a head count of 2,000 employees. However, we believe that the cost is actually much higher, but the increased profitability from a strong, sustainable and measurable employee wellbeing programme can be as much as 5%.

No matter how big or small your organisation sometimes we need the hard evidence to show that a wellbeing initiative within your organisation is the way forward. Once we have built your case for support we can help you to design, deliver and monitor the precise strategy that complements your corporate values and and brings about tangible financial benefits for your organisation.