IES launches wellbeing ROI tool

The Institute for Employment Studies has created a tool calculating the return on investment (ROI) of employee assistance programmes, to help employers take an evidence-based approach to their workforce health efforts.

The tool, created on behalf of the UK Employee Assistance Professionals Association, responds to a lack of evidence for the cost-effectiveness of workplace health initiatives, as identified by the Stevenson and Farmer, Thriving At Work report.

 

Not in the money

Money worries are impacting more than three-quarters (77%) of employees at work, according to a study, the inaugural Close Brothers Asset Management Financial Wellbeing Index 2019, which polled 5,000 UK employees.

It found 39% worried about money always or often, with younger workers the most affected.

 

Skills uncertainty

Some 75% of UK workers are unsure which skills their employer requires of them, according to a poll of 2,000 workers conducted by Opinion Matters on behalf of the Open University.

The study also found that 25% of employees don’t know how to upskill themselves at work, while 22% don’t know which skills future jobs might require.