The results
Facts and figures
The links between health, productivity and turnover are very clear. The facts and figures below speak for themselves.
- It costs an average of £4,000 to replace a worker
- 175 million days were lost due to sickness absence in 2006
- The annual economic costs of sickness absence and worklessness are estimated to be over £100 billion as stated in Dame Carol Black's review of the health of Britain's working age population 'Working for a Healthier Future'. Individuals with poor health and high-risk lifestyles are nearly twice as likely to be absent from work
- Healthcare costs are rapidly rising (10% of UK GDP and 17% of the US GDP) with a corresponding double-digit growth in insurance premiums
- One half of all medical costs are attributable to illnesses that could have been prevented
vielife health promotion programmes have delivered results:
- Return On Investment of 6.19:1.
- Improvement in productivity by an average of 10.4% per person.
- Reduction in absence of over 2 days a year per person.
- A 5% reduction in the number of high health risk individuals in a population
- A 10% increase in the number of low health risk individuals in a population (vielife/IHPM Health and Productivity Research Study 2005)
- The potential savings from implementing the vielife solution in the community, and avoiding the associated costs of managing preventable conditions such as heart disease and stroke is estimated to be in the region of £1.3 million over 10 years (Independent economic evaluation of the Connect 4 Life project 2007).