Video: Cary Cooper explains why “it matters terribly” that the board drives employee wellbeing
“It matters terribly that the board drives wellbeing”, says Sir Cary. “Up until now they haven't, it's been ground-up, [driven] by people...such as an HR professional saying: ‘This is important. Our sickness rates are high'. Now it's a board issue.”
Sir Cary and Jeanette Makings also discuss the effect that an ageing population is having at work. "There is increasing longevity and people are staying in the workforce for longer" says Makings. "There are advantages to that - but it is also increasing people costs and causing succession issues." She adds: "When there are difficult economic times, people become more cautious [about retiring]. So those that might have thought about retiring this year, are now putting that back."