Inspire Winter 2020
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 we think could be relevant to your business.
In this edition we try to shed light on under-the-radar issues that are likely to be affecting your workforce before discussing practical solutions.
This includes how to address the medically urgent problems on the rise in remote workers, tips on managing financial hardship over the holidays, and how to help employees struggling with loneliness this season. You’ll also find the latest updates from the insurers inside.
For some businesses, the post-Covid-19 dust has settled as they’ve adapted to new working conditions, while others are still working to stay afloat.
But there are a new set of issues on the rise, and they require business owners’ attention now if they’re to be stopped from morphing into larger, costlier issues down the line.
Financial wellbeing is profoundly linked to mental health;1 individuals facing financial hardship experience higher rates of depression and mental distress, and struggle with suicidal thoughts at double the rate reported by financially sound people.
Mental illness takes a significant toll on an individual’s ability to operate effectively at work or to their usual standards, with one in four workers reporting that money worries have affected their ability to do their job.2
Government-mandated safety measures against Covid-19 mean that many UK residents will be celebrating the holiday season in restricted numbers, with vulnerable loved ones absent, or alone.
As a result, it’s likely that more people will experience feelings of loneliness than usual this festive season. That said, many people are uncomfortable sharing their emotions and may opt to keep their feelings to themselves. That’s why spreading awareness that it’s normal to struggle, particularly in the current climate, can help your employees.
It may seem long ago, but on 16 February 2020 The Environment Agency issued 347 flood alerts followed by seven severe flood warnings presenting a danger to life. Many parts of the UK experienced disastrous flooding as a result of record-breaking rainfall following storms Ciara, Dennis and Jorge leading to extensive river flooding.
Zurich Insurance has called for urgent action to help communities and businesses prepare for the worst, suggesting that the UK is at risk of a ‘double disaster’ in the latter part of the year, faced with flooding and the recurrence of the Covid-19 pandemic.