Your most effective decisions in business will have data at their core.
From sales to marketing, recruitment to business development, you’ll use data to make informed decisions based on accurate information, rather than relying on gut feel or guesswork.
Isn’t it time you did the same for wellbeing?
According to REBA, data is currently the weak link in wellbeing strategies. Organisations are making decisions based on limited data – or gut feel alone.
Despite this, you’re still expected to develop wellbeing strategies that address the unique challenges your people are facing.
With Champion’s platform, you’ll be supported by aggregated and anonymised data covering every area of employee wellbeing – and this all takes place within the Leadership Hub.
If you’re pressed for time, watch the video below to discover how this works. Alternatively, if you have 5 minutes, read on to see how the Leadership Hub supports teams like yours.
Introducing: Your Company Health Report
You can’t manage what you can’t measure – and right now the data that many organisations have access to measures very little.
For example, research by Aon tells us that 52% of organisations are still using absence data to inform their health and wellbeing strategies. This is despite other research showing that:
- Over 50% of absences are said to be for unknown or unspecified reasons (People Management 2021)
- Absence data focusses on as little as 1.8% of your people (ONS 2022)
- Absence data ignores the greater cost of presenteeism – where employees are at work but under-performing (Deloitte 2020)
With such limited data to work off, leadership teams are unable to identify the employees that need support, or address the unique challenges their people are facing.
According to People Management, this is leading to reduced employee health and impaired performance.
Through Champion’s platform, you’ll replace these limited data sets with your Company Health Report, where you’ll find an in-depth insight into every area of your employees’ wellbeing.
Your Company Health Report is comprised of fully anonymised and aggregated data that covers every area of employee wellbeing, from mental health and workplace stress, to physical health, menopause, back pain and beyond.
This information can be broken down by department, location, and even work-type; and allows comparison over time to reveal trends in your employees’ health outcomes.
As well as exploring the data yourself, you’ll be assigned a dedicated Wellbeing Lead, who will analyse all of this data for you, and present the key findings to your leadership team.
From there, you’ll work together to implement initiatives that will specifically address the challenges your people are facing.
How you’ll work with Champion to turn data into impact
Armed with a data-driven picture of your employees’ health, you’ll be well-placed to create targeted, effective wellbeing strategies that address the unique needs of your people.
Here’s an example of how one of our clients used that data to make a measurable difference to their employees’ lives.
As the pandemic continued to place a strain on employee wellbeing, the leadership team at Strata were keen to support their team as they transitioned into a new way of working.
Their Company Health Report clearly showed that stress reduction should be a key focus of their new, data-driven wellbeing strategy. Almost 60% of their employees were experiencing stress at work, while 15% were experiencing high stress.
With this data in hand, their People Team worked alongside their Champion Health Wellbeing Lead to identify and introduce a raft of wellbeing initiatives aimed at proactively measuring and reducing employee stress levels.
Their strategy paid off spectacularly. Their next company health report revealed that they had reduced work-related stress by 68%, and reduced high stress by 80%.
Now, the team at Strata are continuing to track the impact that their interventions are having, knowing with confidence that every initiative, action or conversation they implement is being informed by the data.
Read this case study to learn more: How Strata reduced work-related stress by 68%
A return on your wellbeing strategy
The research shows that employee wellbeing data is one of the best investments you can make for your team and your business.
Deloitte’s research showed that wellbeing strategies can produce a significant return on investment, but according to REBA, they can only reach their potential if employers also invest in data.
Through your Company Health Report, you’ll access all the data you need to develop a targeted and impactful wellbeing strategy.
This will enable you to have a measurable impact on your employees’ lives and generate a significant return on investment through improved employee wellbeing and enhanced performance.
To find out more about developing a data-driven wellbeing strategy with Champion Health, get in touch today.
