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Legal & General predicts £2 million savings per year, after roll out of employee wellbeing strategy

 

HR Magazine 04/11/11

Extract:

Legal & General is set to “significantly reduce” absenteeism and increase productivity across its entire workforce, following the launch of a successful health and wellbeing pilot initiative.

The company has reported a 15% improvement in sickness absence, amounting to a cost saving of nearly £70,000 and a 14% reduction in productivity loss across those employees taking part in the pilot, developed and rolled out in conjunction with Serco Occupational Health, Stand to Reason and GetFit Wellness, part of Ultrasis, a provider of interactive healthcare services.

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