Inspire spring 2021
The latest health and wellbeing news from Towergate Health & Protection
Welcome to the latest edition of Inspire, our quarterly newsletter, designed to keep you informed about issues and developments that are relevant to your business.
In this edition we explore HR perspectives about wellbeing in the workplace vs employees’ own beliefs, summarise the post-Brexit view of business, and give tips on how employees can create their own holiday from home.
With the end of the financial year incoming, we also discuss how your company can most effectively protect itself against cyber crime.
Some businesses appear to be significantly misinformed about the state of employee wellbeing. In a study of 1,600 employees and HR leaders1, Westfield Health found that while 35% of employees rated the mental wellbeing of the workforce as either ‘not good’ or ‘not good at all’, only 7% of HR leaders did.
Additionally, while HR leaders largely felt optimistic about workforce productivity levels, with 40% reporting that it was ‘very good’, only 20% of employees rated productivity the same way.
While the UK’s Covid-19 vaccination rollout programme is on track and public venues are due to gradually open, going on holiday is still a distant idea.
We associate holidays with what we tend to do on them, like all-you-can-eat buffets and cocktails on the beach. Yet beyond the self-indulgence these activities represent, holidays are critical to wellbeing in a way that’s especially imperative at the current time.
For 47 years the UK had unfettered access to the world’s largest single market. It’s perhaps no surprise that our withdrawal from the EU trading bloc would cause teething problems as companies tried to adapt to the – in some cases – huge structural changes to business operations within mandated timeframes.
The full UK-EU agreement is being implemented via staggered deadlines to allow businesses to get to grips with the changes gradually. This is one of the reasons Brexit is most accurately understood as a process, rather than an event1, that will continue to evolve throughout the year and beyond.
The most common cyber scams are phishing related, where cyber criminals steal people’s passwords and credentials. Seemingly legitimate emails trick recipients into divulging details, which then give the hackers access to the network posing as authorised users.
Top-level executives are a prime target for these scams for a number of reasons.
Have you heard the latest from the insurers?
Here are the most recent updates from some of the key providers, including Aviva, AXA Health, Bupa, Simplyhealth and Vitality.