West Midlands Combined Authority has been asked by the government to carry out a pioneering trial looking at the effectiveness of a programme to help SMEs to improve the health and wellbeing of their employees.
Employers have a clear interest in reducing the ill-health of their employees. In the West Midlands area 4.1million working days are lost through poor mental health per year and for an average-sized firm of 250 employees this is estimated to cost £250,000 annually due to sickness absenteeism.
Promoting wellbeing can prevent problems from escalating and help create positive working environments where individuals and organisations can thrive.
Businesses who have between 10 and 250 employees are registered with Companies House and based in Birmingham, Coventry, Dudley, Sandwell, Walsall, Solihull or Wolverhampton are eligible to apply to be part of the trial.
All employers that apply will have access to the free Thrive at Work Commitment and supporting toolkit to put initiatives in place to improve the wellbeing of their organisation and employees. They will also be eligible to apply for Thrive at Work Accreditation and the Wellbeing Awards. Of those selected for the trial, a small number of employers may also receive a grant to help them implement the Commitment.
Any queries regarding the Thrive at Work Commitment or the trial contact The Wellbeing Premium Team on 0121 214 7042 or by email to email@example.com.