Thriving Workplaces How Employers can Improve Productivity and Change Lives 2025

interventions in ways that benefit employees both within their organizations and within the broader local community. For example, executives in organizations with a global presence may consider how to invest in widescale health education outreach. One example is Bayer’s support for mallholder farmers, who represent 11% of their Crop Science’s divisional sales. The company is introducing access to health and nutrition education for members of their value chain (including farmers) in India, Indonesia and Mexico. This initiative aims to improve health outcomes and productivity by directly supporting farmers and their associated communities. Overall, to build the investment case effectively, estimates need to assess the value of making the investment (costs avoided and benefits gained) versus the cost of the intervention required to address the issue. Figure 10 provides sample metrics that can be used to gather data on each of the drivers of employee output and talent management optimization, as these two elements are at the core of any business case. Example approach for calculation of healthy workforce opportunity with standard values and company-specific KPIsFIGURE 10 ProductivityValue driver category Key value driver Definition Examples of company specific KPIs Retention AttractionAbsenteeism Unwanted attritionPresenteeism Increase driver to improve total benefits created through good employee health and well-being Reduce driver to decrease total direct costs of poor employee health and well-being– Increase in number of hours worked/total revenue or profit – Increase in total revenue or profit/FTE – Increase in percentage of employees achieving targets – Company-specific numbers for average value of productivity (e.g. average daily pay x total number of employees) – Number of absenteeism days due to being unhealthy – Percentage of long-term vs. short-term absences – Percentage rate of unwanted turnover due to being unhealthy – End-of-year performance review in first and second year vs. average company benchmark performance– Company-specific numbers for productive days lost (e.g. productive days lost per employee x total number of employees)The efficiency with which tasks and goals are accomplished at an organization, fostered through creativity and innovation.1 The act of staying at work longer than usual, or going to work when you are ill, to show that you work hard and are important to your employer.2 Any failure to report for or remain at work as scheduled, regardless of the reason.3 An organization's ability to develop a distinct employee value proposition and prevent employee turnover.4 – Employer Net Promotor Score (NPS) – Percentage increase in job applicationsHow an organization communicates with potential applicants to attract suitable candidates for a job vacancy.5 – Percentage rate of unwanted turnover due to being unhealthy – Actual turnover costThe departure of employees from the organization for any reason (voluntary or involuntary), including resignation, termination, death or retirement.6Employee output Talent management optimization Source: 1. MindManager. (2020). Productivity in the workplace? What is it, and why is it important. https://blog.mindmanager.com/202005202003what-is- productivity-in-the-workplace. 2. Cambridge Dictionary. (n.d.) presenteeism. https://dictionary.cambridge.org/dictionary/english/presenteeism. 3. van Vulpen, E. (n.d.). Absenteeism in the Workplace: A Full Guide. Academy to Innovate HR. https://www.aihr.com/blog/absenteeism/. 4. Holiday, M. (2024). What is Employee Retention? Benefits, Tips & Metrics. Oracle Netsuite. https://www.netsuite.com/portal/resource/articles/human-resources/employee-retention.shtml. 5. De Montfort University. (n.d.). Attraction. https://www.dmu.ac.uk/business/work-with-our-students/make-diversity-your-business/attraction.aspx. 6. Gartner. (n.d.). Attrition. https://www.gartner.com/en/human-resources/glossary/attrition. Thriving Workplaces: How Employers can Improve Productivity and Change Lives 26