ADVOCATE Magazine - Spring 2021

Page 20

advogroup.co.uk | employee benefits can boost productivity

employee benefits can boo

Research from the Association of British Insurers (ABI) shows that 60% of SMEs acknowledge health and wellbeing benefits has a positive impact on productivity . As lockdown in England begins to ease and companies begin to adapt to the ‘new normal’, employee health and wellbeing will become increasingly important for businesses. Three in five (60%) of SMEs acknowledge providing health and wellbeing benefits has a positive impact on supporting productivity – rising to 69% for medium size.

advocate spring 2021 | advogroup.co.uk | 20

22% of SMEs rated having health and wellbeing benefits as having not just a positive impact, bt critical for ensuring high productivity. Health and protection benefits can also result in reduced sickness and absence, as well as improving employee retention and recruitment, another benefit to both employees and employers.


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