Britain’s leading provider of specialist employment services has released figures which show the significant social impact of supporting disabled people into work and helping them stay there.
Remploy, which last year found more than 18,500 jobs for people with disabilities or health conditions, said for every £1 it invested in supporting disabled and disadvantaged people it delivered £2.51 in social value.
Krystyna Szplit, Remploy’s social impact manager said: “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.”
Included in Remploy’s SROI value are savings made to the state by supporting people into work and keeping them off benefits, which last year amounted to £41.1 million.
“We also saved nearly £500,000 in greenhouse gases by changing the way we worked, and saved the NHS £3.7 million, 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 £30 million in social value.”
In July the Department for Work and Pensions launched a commercial process under which Remploy Employment Services would leave government ownership by March 2015.
The move creates an opportunity for a partner or investor to help develop Remploy to its full potential, enabling it to support many more disabled people into work. The Government envisages that the commercial process will create a Joint Venture between a partner or investor and Remploy Employment Services staff operating as a social business in the private sector.
For further information and interview requests, please contact Remploy press office: 0300 456 8121
Notes to Editors:
- In the last five years Remploy has found more than 80,000 jobs in mainstream employment for people with a range of physical, sensory and mental disabilities and other disadvantages.
- Remploy partners with more than 2,500 of the country’s biggest employers including Marks & Spencer, BT, ASDA, Royal Mail, Sainsbury’s and the NHS
- Remploy has an increasing focus on providing specialist disability employment services to people with mental health conditions or learning disabilities
- It has a successful specialist service which supports ex-service personnel who have left the forces with disabilities or health conditions
- It continues to invest in developing innovative approaches and services for employers which are cost effective and business efficient including consultancy and a vocational rehabilitation service