Firm’s work with disabled workers saves UK taxpayers millions
- 06 Jan
A provider of specialist employment services for disabled people saved British taxpayers £41 million last year.
Remploy's recent figures show that it found more than 18,500 jobs for people with disabilities or health conditions in 2014. It claims that for every £1 it gave in supporting disabled and disadvantaged people, it delivered £2.51 in social value. 24dash reports.
In July, the Department for Work and Pensions launched a commercial process under which Remploy Employment Services would leave government ownership by March 2015.
Remploy's social impact manager, Krystyna Szplit, stated, "We recognise that the success of our business cannot be measured in purely financial terms. Remploy also considers its social impact to be very important and it measures this using a Social Return on Investment (SROI) model. This takes a more holistic approach in not only measuring hard outcomes, but looking at what effects the company's services have on all its stakeholders, the community and the environment."
"We also saved nearly £500,000 in greenhouse gases by changing the way we worked, and saved the NHS £3.7m, as people in work rely less on NHS services," added Krystyna.
"In addition, our candidates said they felt better about themselves, had increased motivation, confidence and self-esteem, better communications and employment skills and were more able to deal with the daily challenges they face. All of this equated to more than £30m in social value."
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