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Employee mental health will improve next year, say firms

Workplace Insight

Nearly three quarters of UK organisations expect employee mental health to improve in 2023 as they open up about mental wellbeing according to a new poll from Koa Health. Further, only 39 percent of executive leadership teams are expected to authorise additional spending on employee mental health in 2023.

Health 98
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What’s Next to Be Your Best? 3 Personal and Professional Development Trends in 2024

Success

In fact, 94% of employees have reported they would stay longer at a company that invested in training and development. The first involves the general quest for knowledge by employees and the support given by employers for training. million people enrolled in these types of courses in 2023 alone.

2024 185
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Rethinking Work Perks: 5 Things Employees Want More Than ‘Fun’ At Work

Success

Benefits shouldn’t be just a tool for recruitment; they are a way to retain employees and increase the stability/health of an organization,” says Kate Lamb, an account executive for a public relations firm. With wellness being such a personalized experience, having a stipend opens up access to people who might not go to the gym.

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The sector responds to the Spring Budget

Workplace Insight

David Williams, head of group risk at Towergate Health & Protection “The Spring Budget feels like a missed opportunity for the Government to recognise the enormous power of employee benefits in both reducing sickness and helping to improve the UK economy – both of which are key focus areas for the Government.

Budget 59
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The UK workplace sector reacts to the Spring Budget 2023

Workplace Insight

Other key announcements A £400m investment to increase the availability of mental health and musculoskeletal resources, and expand the placement and support scheme for individuals. We need to equip the workforce with the new skills that the economy needs.

Budget 98