Confrontation tool. Business in the Community (BITC) is an association that promotes responsible business practices. It launched a new benchmark which will measure all FTSE 100 companies according to how they manage employee wellbeing and engagement. This initiative is unprecedented and will provide “unique insight” into corporate employee management. It will also be the first time that companies will be assessed using publicly available information on the subject. This new benchmark, developed with a group of leading businesses (Nestle, Marks & Spencer, Santander, RBS…) is a response to research which demonstrated a critical link between strong human capital management and organizational performance. Indeed, companies which took active steps to improve health and wellbeing at work enhanced financial performance by 10% on average compared with other FTSE 100 companies. This benchmark is the result of the BITC’s successful corporate responsibility index and is based on research over 5 years on the reports published by FTSE 100 companies on their staff’s wellbeing and engagement.
% on average compared with other FTSE 100 companies. This benchmark is the result of the BITC’s successful corporate responsibility index and is based on research over 5 years on the reports published by FTSE 100 companies on their staff’s wellbeing and engagement.
Approach. This benchmark will be based on a questionnaire which covers key areas including: leadership and management development; coaching and mentoring; occupational health; health and well-being promotions; employee...
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