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Barnett Waddingham
0333 11 11 222
Here at Barnett Waddingham we believe that there are six pillars of employee wellbeing that impact how an employee performs in their role. Our holistic approach to wellbeing builds on the ancient Greek philosophy of Eudaimonia; supported by our modern six pillars ideology:

“Eudaimonia; a person's state of happiness and wellbeing, often described as 'human flourishing'”
Aristotle
Six Pillars of Employee Wellbeing: Job Security / Financial Security / Support / Protection / Health / Work/Life Balance | Barnett Waddingham

Employer benefits

By implementing a successful wellbeing strategy which addresses the needs of the workforce across each of the six pillars, this can have significant benefits to the employer, some of which include:

Increased productivity

Decreased absence

Reduced accidents

Engagement and commitment

Attraction and retention

Reduced insurance premiums


Introducing BWell

BWell is our innovative wellbeing analytics tool which aims to assess overall employee wellbeing and happiness within the workplace. We offer an in-depth analysis of the workforce, which incorporates an employee wellbeing survey and various data such as absence and premium. This is then provided to you in a snapshot style report and we will consult based on the trends and hotspots highlighted within the analysis in order to assist you to implement a bespoke yet holistic wellbeing strategy to address the needs identified. This process aims to ultimately improve the overall wellbeing of your employees but also increase the performance of the employer and for the first time create a tangible return on investment.

BWell is separated into four key areas - our ACDC approach:

 

Analysis

A snapshot of the overall wellbeing of the workforce

Consult

Independent but tailored approach

Delivery

Via a platform, specialist third party provider or in-house teams

Check

Ensuring that the strategy remains fit for purpose

Analysis

It is important to firstly understand your current health and wellbeing risks; this is where our employee survey and modelling tool come in.

Our survey is designed to understand your employees’ perception of their own wellbeing measured in terms of each of the six pillars and our modelling tool is designed to look at specific company demographics and existing data such as absence and claims from medical insurance and income protection in order to establish existing trends. This is presented to you in a snapshot style report. 

Consult

Once we understand your corporate health and wellbeing risks we can consult to help you build a wellbeing strategy that targets those risks from a prevention and intervention perspective.

Delivery

The strategy can be delivered via any market platform, or our very own engagement platform, Me2, specialist third party providers or in-house. 

Check

Regular governance is fundamental to ensuring that the strategy remains relevant. Further surveys and modelling on an annual basis ensure the strategy remains fit for purpose while also evidencing the return on investment the employer has achieved to date. 

Related knowledge and resources

Blogs

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    Your annual financial health check

    It is a great time to take a deep breath and do our own annual financial health check. The findings of Barnett Waddingham’s fourth annual “Generation WHY?” survey does just this; providing an insight into the financial wellbeing of the UK workforce.

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    Moving of State Pension Age

    Last week’s announcement from the Government told us that the state pension age (SPA) will rise to 68, seven years earlier than previously planned, which for most did not come as a surprise.

  • Picture for Interesting times: How to adapt to survive a turbulent pensions world
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    As the UK enters a period of significant change, Finance Directors and Pension Managers need a dynamic DB pension strategy that will be resilient in the face of changes in markets, whilst remaining cost effective over the longer term.

  • PerioDiC - Occupational DC Schemes

    Whether you are a trustee running an occupational scheme, a company offering a master trust scheme or a contract-based scheme, these newsletters help to keep you up to date with elements relevant to your DC arrangement.

  • What you need to know about the LISA

    The latest Individual Savings Account (ISA), the Lifetime ISA (LISA), launched on 6 April 2017 and is designed to help individuals buy their first home or save for retirement.

  • The Insurance Act 2015

    The Insurance Act 2015 is a major change to insurance law. It applies to insurance policies which start on or after that date or to any existing policies subject to a rate review or change which are effective on or after that date.

  • May 23 2018
    Fit for purpose: how healthy is your organisation?

    Join Peter Meyler, Head of Workplace Consultancy as he shares his expertise on why organisational health is vital to achieving long term, sustainable business success during an interactive webinar.

    Location: bit.ly/organisationalhealth

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