"Recent studies have shown that a new focus on workplace wellness could reduce absenteeism and turnover, providing a significant return on investment for employers. For every £1 spent on employee wellbeing, employers could yield up to £9. In fact, addressing poor employee wellbeing could add £130-£370 billion to the UK economy annually, equivalent to £4,000-£12,000 per employee. Workplace wellness programmes also boost productivity and lower healthcare costs for UK businesses."
"In 2025, the average cost of replacing an employee in England is . This is the equivalent of an average worker's annual take-home pay and can be even higher if your turnover stems from high-ranking positions. Replacing a senior role in 2025 costs a whopping £40,000-£100,000, contributing to a total yearly cost of £48 billion spent on employee turnover. These costs may seem extortionate for replacing one employee, but it's crucial to remember that managing turnover drains money from multiple areas of the business."
Employee wellness drives retention and reduces absenteeism and turnover. Employers can yield up to £9 for every £1 spent on employee wellbeing. Addressing poor wellbeing could add £130–£370 billion to the UK economy annually, equivalent to £4,000–£12,000 per employee. Workplace wellness programmes boost productivity and lower healthcare costs. More than half of all long-term sick leave is associated with stress, depression and burn-out. In 2025 the average cost of replacing an employee in England equals a worker's annual take-home pay. Replacing senior roles costs £40,000–£100,000 and contributes to a total yearly turnover cost of £48 billion. Turnover drains recruitment, onboarding, profit, morale and institutional knowledge.
Read at London Business News | Londonlovesbusiness.com
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