Britain is facing a workforce crisis. The record numbers of those out of work due to ill health carry significant costs for individuals, businesses, and the wider economy.
Britain is facing a workforce crisis. The record numbers of those out of work due to ill health carry significant costs for individuals, businesses, and the wider economy. The government's Keep Britain Working Review proposes a more joined-up approach to managing health at work. But with major reforms still some way off, what practical steps can employers take now to build healthier, more resilient workplaces?
5th November saw the publication of the government commissioned report, the Keep Britain Working Review. This lays bare the enormous impact ill health absence is having on both individual businesses and the wider economy. We consider the three "interlocking changes" proposed to address this, which together aim to provide a more collaborative approach to both preventing and addressing ill health absence. However, it's clear that any systemic changes are years off. What lessons can employers take from findings in the more immediate term?
The statistics cited in the Review are stark: over 1 in 5 working age people are now out of work and not looking for work, and this is rising. This has a huge financial and emotional cost to the individual who is out of work; it costs the average business 120 per day in lost profit; and costs the economy the equivalent of 7% of GDP.
Managing ill...
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