Tuesday, July 14, 2020

Manufacturers investing more than ever in workforce health and wellbeing

With an alarming backdrop of ever-increasing skills shortages, rapid technological change and an ageing workforce, manufacturers are investing more than ever before in their employees’ health and wellbeing.

Counselling, health-screening and mental health first aiders are the norm in factories across the UK with modern and flexible working opportunities sitting at the heart of British industry.

This investment in people has brought with it a boost in productivity for 90% of manufacturers along with improvements in workforce relations. Manufacturing companies also saw a reduction in absenteeism alongside a strengthening of staff retention as a return for wellbeing spend on staff.

These findings are revealed in a wide-ranging report into the UK’s health & safety landscape published by Make UK, the manufacturers’ organisation and Howden Employee Benefits & Wellbeing, part of Hyperion Insurance Group, entitled report ‘Health, wealth and wellbeing for Manufacturers’.

The last official numbers from the UK’s Office of National Statistics showed 141million days lost to sickness absence in 2018, and over 17million working days lost to mental health related conditions.

Across the whole of the UK economy, sickness absence costs companies £15billion a year. Over 60% of manufacturing companies already provide workplace adjustments including flexible working for those returning to work after a period of sickness absence, while 52% have put in place a professional Occupational Health service to support staff on their journey back to work.

Wellbeing is sitting at the heart of manufacturing businesses and is increasingly seen as a core objective for companies. To that end, 85% of firms see it as their duty to encourage and promote physical and mental health wellbeing in the workplace.

Tim Thomas, Make UK’s director of Labour Market and Skills Policy said: “There is a clear message from manufacturers that they realise a healthy and happy workforce is an effective one. Employers have also recognised that jobs within their businesses should be flexible and include career development and flexible working pathways in order that they retain staff. And in doing so, there is now clear evidence that productivity will improve as a result.

“But there is still a lot more to be done and manufacturers must continue to work hard to put health and wellbeing at the heart of their business plans. With 10% of the manufacturing workforce due to retire in the next three years and the pressures of new immigration rules post-Brexit, skilled workers have never been more important.“

Mark Fosh, Divisional Director of Howden Employee Benefits & Wellbeing, added: “Coupled with a more general workplace wellness trend, manufacturers are investing in their health and wellbeing agendas, in a bid to build and maintain a healthy workforce and reduce absenteeism. This is clearly sending positive ripples across the sector.

“Manufacturers should now look to optimise the investments they are already making through seeking practical guidance on how best to manage their health and wellbeing strategies.”

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 lockdown having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £31.50 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.




Latest news

Commercial property consultancy concludes raft of deals in West Yorkshire

A West Yorkshire commercial property consultancy has completed a raft of new deals, underlining a return of confidence in the region’s property market. Richard Heslop,...

Wakefield gifts and homewares retailer enters administration

A Wakefield-based retailer of gifts and homewares has entered administration. Howard Smith and Dave Costley-Wood, from KPMG’s Restructuring practice, were appointed Joint Administrators of Peter...

Leeds-based Widd Signs creates striking store signage for M&S

A Leeds-based digital and traditional signage specialist has completed a six-figure project for retail giant Marks & Spencer. Geldard Road-headquartered Widd Signs designed and installed...

£2m for York data company, Hublsoft

Hublsoft, a York-based data company, has secured a £2 million investment from private equity manager Maven Capital Partners UK. The company said it will use...

Avacta to detect COVID-19 in wastewater via new collaboration

Listed life science business, Avacta Group, has entered into a collaboration with Integumen to evaluate recently generated Affimer reagents to detect COVID-19 in wastewater. The...

Reward Finance Group joins national broker network

Reward Finance Group has joined national broker network The National Association of Commercial Finance Brokers (NACFB). The move follows the ninth successive year of growth...

Related news

Commercial property consultancy concludes raft of deals in West Yorkshire

A West Yorkshire commercial property consultancy has completed a raft of new deals, underlining a return of confidence in the region’s property market. Richard Heslop,...

Wakefield gifts and homewares retailer enters administration

A Wakefield-based retailer of gifts and homewares has entered administration. Howard Smith and Dave Costley-Wood, from KPMG’s Restructuring practice, were appointed Joint Administrators of Peter...

Leeds-based Widd Signs creates striking store signage for M&S

A Leeds-based digital and traditional signage specialist has completed a six-figure project for retail giant Marks & Spencer. Geldard Road-headquartered Widd Signs designed and installed...

£2m for York data company, Hublsoft

Hublsoft, a York-based data company, has secured a £2 million investment from private equity manager Maven Capital Partners UK. The company said it will use...

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close