Businesses that promote health and wellbeing in the workplace will be celebrated at an awards ceremony next year.
A new Wellbeing in Small Business Award is amongst the FSB Celebrating Small Business Awards 2020 that open for entries tomorrow (August 1).
The award will recognise and celebrate the smaller firms that are demonstrating initiatives and practices that prioritise wellbeing and health in the workplace to help drive the UK’s productivity.
The annual bill for sickness absence sits at £29 billion across the UK, while research from the Federation of Small Businesses’ (FSB) medical and health advice service shows that the number of small businesses seeking mental health advice has doubled in the last five years.
The award is a new addition to the 12 FSB Celebrating Small Business Awards 2020 categories, which include high-growth business; digital business; environmental business and business and product innovation award; family business and young entrepreneur.
FSB National Chairman Mike Cherry said: “I’m really proud that we’ve added this new category to the 2020 FSB Awards; a commitment to wellbeing in the workplace can not only help increase productivity, improve performance and reduce absenteeism, the benefits are also felt within society.
“I’m looking forward to seeing some of the wide ranging wellbeing practices of our smaller businesses have in place through their award entries alongside all the other award entries.”
Twelve area finals will be taking place between January and April 2020 across the UK, with the UK national final taking place on 21 May 2020 at Battersea Evolution, London.