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The cost of living is continuing to rise – everything from energy bills to the weekly shop is going up in price, leading to a fall in disposable income. This is undoubtably having an impact on the health and wellbeing of employees everywhere. So what can you do to help? Read on as the Occupational Healthcare team at YourGP offer their advice.
How is the cost of living crisis affecting people in the UK?
According to research conducted by the Royal Society for Public Health, 47% of households indicated that they are worried they are running out of ways to minimise costs further without cutting back on essentials. And 41% are concerned that the cost-of-living is impacting their physical health.
The four pillars of wellbeing
The four pillars of wellbeing represent the four key areas that indicate the overall health and happiness of an individual; Mental, Physical, Financial, Social.
Sadly, the cost of living crisis has the potential to impact every pillar:
The effects on workplace wellbeing
It is no surprise that such an impact on the wellbeing of individuals has the potential to be felt within the workplace. The negative impact on an employee’s health can have a knock-on effect in terms of their attendance and performance at work.
So what can employers do to help?
Steps to improve your workplace
Find out more
If you would like to speak to the Occupational Healthcare team at YourGP about ways to improve the wellbeing of your team, call 0131 225 5656 or email occhealth@your.gp and we’ll be happy to discuss the impact of the cost of living crisis.
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