21 February 2024

Healthy teams, thriving business

In the demanding world of running a successful electrical contracting business, the challenges of attracting and retaining skilled employees are all too familiar. Ensuring they remain productive is another significant concern. It’s easy to understand why caring for their well-being isn’t just a kind gesture; it’s essential for gaining a competitive edge.

Elevating employee well-being

Electrical contractors, well-versed in the hazardous environments of electrical work and construction sites, rightly prioritise their employees’ safety. However, employee well-being goes beyond safety; it’s closely tied to workforce health, work-life balance, and job satisfaction - critical drivers of your company’s long-term success.

By addressing physical and mental health, promoting work-life balance, and fostering a culture of recognition and appreciation, employers can enhance the overall well-being of their workforce.

  • Physical Health: Employees lacking good physical health are more prone to frequent sick days and lower energy levels, leading to decreased productivity and morale. Moreover, poor physical health increases the risk of chronic diseases, which can result in long-term absenteeism. When employees are physically healthy, they are better equipped to perform their duties effectively and contribute positively to the workplace environment.
  • Mental Health: Concerns such as stress, anxiety, or depression can impair cognitive function, decrease concentration, and hinder decision-making abilities, directly impacting employees’ ability to work. This can lead to decreased productivity, increased errors, and difficulty meeting deadlines. In contrast, employees who enjoy good mental health are more likely to maintain consistent attendance and productivity.
  • Work-Life Balance: When employees experience a poor work-life balance, they often face increased stress, burnout, and dissatisfaction, leading to decreased productivity and higher absenteeism rates. Staff turnover also becomes an issue in businesses where employees are unable to achieve a healthy balance between work commitments and leisure time. Conversely, employees who have a good work-life balance are more satisfied, motivated, and engaged in their work, increasing the productivity of the business.
  • Recognition and Appreciation: Employees’ morale and motivation suffer when they don’t feel appreciated, decreasing job satisfaction and productivity. Alternatively, when employees feel valued, it positively impacts team dynamics and morale.

By prioritising these aspects of employee well-being, businesses can cultivate a motivated and productive workforce, laying a solid foundation for sustained business success.

PMI as part of your well-being investment

One effective method for businesses to support and improve employee well-being is offering their employees Private Medical Insurance (PMI). Supporting a healthier and happier workforce, the ECIS PMI scheme helps businesses enhance the well-being of their employees. This scheme offers extensive coverage, contributing significantly to employee well-being and creating supportive and vibrant workplace environments.

Enhancing Physical Health:

The ECIS PMI scheme offers a range of benefits to support employee health, including coverage for in-patient and day-patient treatment. The Scheme also provides access to Bupa Touch Digital GP for 24/7 GP consultations, which allow employees to access support from home. With reduced hospital waiting times and access to specialist treatments, PMI helps employees recover faster and return to work sooner, leading to reduced absenteeism.

Supporting Mental Health:

Access to the ECIS Private Medical Insurance scheme with Bupa includes the Employee Assistance Programme, offering free, confidential telephone support for employees facing well-being and work performance challenges. Available 24/7, the helpline provides guidance from qualified experts, supplemented by practical online resources for self-help. Investing in mental health support through PMI can lead to a more resilient workforce, better equipped to manage workplace challenges, and contribute to the company’s success.

Fostering Work-Life Balance:

The ECIS PMI Scheme includes services like an Employee Assistance Programme, supporting employees facing personal and work-related challenges. The Schemes also include rewards and benefits, such as discounted gym memberships, fitness equipment offers, and savings on family days out. These rewards encourage employees to engage in activities outside of work, further enhancing their work-life balance. Fostering work-life balance through PMI enhances employee productivity, contributing to greater business success.

Promoting Recognition and Appreciation:

Investing in a Private Medical Insurance (PMI) scheme for employees is a tangible way for employers to recognise the value of their workforce and appreciate their dedication. By prioritising employee well-being with PMI, businesses demonstrate their recognition of the vital role employees play in driving success and their appreciation for their hard work. Consequently, fostering a culture of recognition and appreciation can lead to higher employee morale, increased loyalty, and greater workplace satisfaction, ultimately benefiting the business as a whole.

The Competitive Edge: Employee Well-being in Business

The impact of PMI on workforce health and morale is tangible. Preventive care leads to early intervention, reducing absenteeism and ensuring a healthier, more engaged workforce. Mental health support creates a supportive work environment where employees feel comfortable seeking help when needed, ultimately reducing stress, and boosting morale. Wellness programs foster healthier lifestyles, creating a more motivated and satisfied team. Investing in a Private Medical Insurance (PMI) scheme signifies employers’ recognition of the workforce’s value and underscores appreciation for their dedication.

How ECIS can help

ECIS, a regulated insurance broker, specialises in providing Private Medical Insurance for businesses in the construction industry. If you’re considering Private Medical Insurance for your employees, contact the ECIS team at 0330 221 0241 or ecis@ecins.co.uk. For those with existing healthcare plans, ECIS can thoroughly review your current arrangements and provide a quote for comparison.