Improved employee wellbeing can boost UK productivity by £34bn

Cultural factors impact wellbeing

Jaskeet Briah
clock • 2 min read

Research has found that helping the UK working population reach both a level of high individual wellbeing and commitment could generate around £34 billion in improved productivity per year.

According to Legal and General (L&G) Group Protection and Fruitful Insights, the productivity losses for employees with low individual wellbeing and commitment are as much as 2.5 times more than those with high individual wellbeing and commitment. For employees with low individual wellbeing and commitment, productivity loss per employee was calculated at £10,500 per year, L&G said. This was more than double the productivity loss for an employee with supportive colleagues (£4,700). Mike Tyler, chair and co-founder, Fruitful Insights, said: "It would be impossible to get productivity lo...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Group Protection

L&G launches health and wellbeing app

L&G launches health and wellbeing app

Dubbed Spark

Cameron Roberts
clock 01 July 2025 • 2 min read
Employers 'misjudge' which benefits workers prioritise

Employers 'misjudge' which benefits workers prioritise

Canada Life research

Jaskeet Briah
clock 19 June 2025 • 2 min read
L&G paid out £347m in group protection claims in 2024

L&G paid out £347m in group protection claims in 2024

Paid out just shy of £1m every day

Jenna Brown
clock 19 June 2025 • 3 min read