Corporate Health Flashcards
What is corporate health?
The wellbeing of the employee in the working environment
A state of the organisation that may be beneficial/ burdening for them. Healthy organisations perform all processes efficiently, where in ill organisations some processes malfunction or even fail
What is the importance of corporate health?
Grown in popularity
Important to policy makers
Rise in health issues - incapacity benefit claims, physical/ mental health condition, ageing workforce, average level of absence (>8 days)
What is psychological wellbeing according to the WHO?
State of wellbeing which individuals realise their abilities, can cope with normal stresses of life, work productively & fruitfully & are able to make contributions to their community
What is the cost of poor psychological wellbeing?
1.8mill workers suffering form work-related illness
£11.2bn annual cost of new cases of work related ill health in 2019/20, excluding long-latency illness
36.8mill working days lost due to work-related ill health & non-fatal workplace injury
Costs of presenteeism could be greater than those of absence (mental health presenteeism estimated to cost £15bn/ yr)
What are some corporate health programme benefits?
Reduce health cost
Improve productivity
Improve health
Higher engagement & moral
Reduce absenteeism
Reduce accidents
Who is responsible for corporate health?
Supervisor
Employee
Employer
Occupational health practitioner
How does positive psychology promote workplace wellbeing?
Focus on helping individuals increase wellbeing by applying strengths, promoting positive behaviour & establishing purpose
Improve performance, development & satisfaction with areas of life
What is positive psychology?
Scientific study of human flourishing & applied approach to optimal functioning
Also defined as study of strengths & virtues enabling individuals, communities & organisations to thrive
What are the implications of good workplace happiness?
Improves sale,s productivity & accuracy while boosting health & quality of life (Achor, 2011)
Employee engagement as passion for work, involving feeling positive about job, as well as being prepared to go the extra mile to make sure job is done to the best of your ability
Engaged employees are fully involved & enthusiastic about their work