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Occupational well-being SIB

The key facts about the social impact bond promoting occupational well-being (Tyhy-SIB).

Published

Objective            

  • Promoting occupational well-being and strengthening the capacity for work

Commissioner              

  • Public sector organisations as employers: Local Register Office of Southwest Finland, Aleksia municipal enterprise from Nurmijärvi, Savo Consortium for Education and Ylä-Savon SOTE Joint Municipal Authority

Target group

  • Employees of the customer organisations, about 1,600 people in total

Performance indicator

  • Sick-leave day (€175/day)
  • Organisation-specific reduction in the number of sick leave days compared with the initial situation

Project administrator

  • FIM Vaikuttavuussijoitukset Oy (formerly Epiqus Oy)

Service Providers

  • Aino Health Management Oy, Headsted Oy and Tietotaito Group Oy

Dates of implementation

  • Launched in 2015
  • A three-year agreement with each organisation
  • The agreement with the last customer organisation will end in spring 2020

Investors                                   

  • The Finnish Innovation Fund Sitra, We Foundation, Henri Kulvik

Size of the fund                        

  • €0,6 million

Other information

  • Europe’s first SIB promoting occupational well-being
  • The first SIB in the Nordic Countries

(updated 9/2019)

Read more!

  • News article: Finland’s first SIB project shown to strengthen work disability management – goals partly reached (20.9.2019)
  • Article: What’s happening with the Occupational well-being SIB? (25.1.2018)
  • Press release by Epiqus, Sitra and We Foundation (10.11.2015)

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