The Business of Health Equity: The Marmot Review for Industry finds that by improving the health of their employees, employers can reap the benefits of a more productive workforce. It has been estimated, for example, that 30% of the shortfall in productivity in the ‘Northern Powerhouse’ compared with the rest of England is due to ill health.
This latest Marmot Review published by the UCL Institute of Health Equity in partnership with Legal & General, confirms businesses with a strong social purpose attract and retain the best employees, who increasingly seek more than just a pay-cheque. Within companies, the report points out, employees who feel emotionally connected and understand how they contribute personally have a stronger sense of wellbeing. Research shows having a sense of purpose in life is highlighted as a key feature for living to be over 100.
In contract managed by UCL Consultants, the Review is one key output of a four-year partnership between the UCL Institute of Health Equity and Legal & General to further the role of business in reducing health inequalities in the UK.
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Key Facts
Lead academic: Professor Sir Michael Marmot
Institute: UCL Institute of Health Equity
Client: Legal & General
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