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Why Employee Benefits Benefit Everyone Involved

In Business, Employee Benefits, Group Income Protection, Healthcare by Paul Connolly

The vast majority of employers believe employee benefits are good for business, as well as staff. That’s the key finding to come from research by Group Risk Development (GRiD), the industry body for the group risk protection sector. According to the GRiD poll, over four-fifths (81%) of businesses believe that looking after the mental, physical, financial and social wellbeing of …

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A Simple Guide to Popular Employee Benefits

In Employee Benefits, Industry News, Protection by Paul Connolly

Employee benefits play a vital role in helping your business recruit and retain the best talent. Numerous studies have shown that individuals want to work for an employer who understands their needs and caters for them by offering the right employee benefits.  The bottom line is it’s no longer enough to rely on remuneration alone to appeal to employees and …

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Why Use An Employee Benefits Broker?

In Business, Employee Benefits, Group Income Protection by Paul Connolly

To attract and retain the best talent, companies know that they need to be offering competitive employee benefits packages, specifically, packages that have been created with employees’ needs and wants at the forefront. But navigating the health insurance and employee benefits market can be tricky, especially if it’s an area you’re not that familiar with. Add to this the fact …

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Why Private Medical Insurance?

In Family, Healthcare, Individual by Paul Connolly

While UK residents can take advantage of the National Health Service (NHS), which is free at the point of use, there are times when individuals and families feel the need to safeguard their health with additional protection products. One such protection product is Private Medical Insurance (PMI), also referred to as health insurance, but what is it, why do you …

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Millennials Most Likely To Be Absent Over Christmas (But Not Because Of Hangovers)

In Business, Employee Benefits, Industry News by Paul Connolly

While Christmas is usually associated with love, happiness and presents, research suggests it’s a time of year when a significant number of employees struggle to cope and take unplanned absence from work as a result. As the pressures of juggling family, health and care demands, as well as work commitments increases over the festive period, so too does the number …

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How To Setup Your Mental Health First Aid Training For Success

In Employee Benefits, Health and Wellness, Mental Health by Paul Connolly

British businesses are training record numbers of workplace “mental health first aiders” in an attempt to address the sharp rise in employees experiencing mental distress, figures show. But while it’s definitely a step in the right direction, organisations shouldn’t see such initiatives as silver bullets in the ongoing fight to reduce mental health issues in the workplace. [Related reading: A …

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Group Income Protection: Providing Benefits For Both Employers & Employees

In Business, Group Income Protection, Protection by Paul Connolly

Employee sickness absence is an inevitable part of running a business. After all, everyone feels under the weather from time to time and the best remedy is to simply have a day off. But what about more serious illnesses that require extended periods away from work? The impact they can have on both the employee and employer can be hugely …

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5 Steps For Creating A Workplace Wellbeing Strategy

In Business, Employee Benefits, Health and Wellness by Paul Connolly

According to the independent review into workplace mental health commissioned by the prime minister and led by Lord Dennis Stevenson and Paul Farmer, Thriving at Work, poor mental health costs UK businesses between £33 billion and £42 billion a year. These figures are made up of absenteeism cost (£8 billion), presenteeism cost (£17 billion to £26 billion) and staff turnover …

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Mental Health At Work: Do You Know Your Responsibilities As An Employer?

In Business, Employee Benefits, Mental Health by Paul Connolly

Under the Equality Act 2010, employers have a legal responsibility to ensure that people with disabilities are not discriminated against in the workplace. Now a person is considered disabled under the act if they have a physical or mental impairment that has a “substantial” and “long-term” negative effect on their normal day-to-day activities. A mental health issue is classed as …