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Employee Benefits Watch: Wellbeing Products Becoming More Popular

In Business, Employee Benefits, Industry News by Raina Dhillon

Employees – particularly those in London – spend significant sums of money on wellbeing products every month, according to new research. In 2018, UK workers spent, on average, £174 per month on wellbeing products, a survey from Canada Life found. In London, nearly double this amount (£347) was spent, on average. Wellbeing and wellness products include things like insurance cover, …

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Are You Proactively Supporting The Mental Health Of Your Staff?

In Business, Employee Benefits, Industry News, Protection by Claire Ginnelly

Despite the fact that the vast majority of employees consider psychological safety in the workplace important, only a small proportion of organisations are taking proactive steps to support the mental health of their staff. That’s one of the key takeaways to emerge from new research by a leading learning organisation. According to the survey of 1,000 leaders, managers and employees …

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Are You & Your Employees Benefitting From Flexible Working?

In Business, Employee Benefits by Paul Howell

The business case for offering flexible working has been given a significant boost after a study found that employees who have the option to work flexibly are more productive and take less time off. According to the survey conducted by OnePoll in November 2018 on behalf of the Association of Accounting Technicians (AAT), more than a quarter (27%) of flexible …

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Critical Illnesses Cost UK Economy Over £15bn A Year

In Business, Insurance, Protection by Paul Howell

Critical illnesses cost the UK economy more than £15 billion a year, and some of those affected still suffer significant long-term consequences even after they’ve returned to work, according to new research. Legal & General’s Cost of Critical Illness report shows that cancer, strokes, Multiple Sclerosis (MS) and coronary heart disease are the four most prevalent critical illnesses in the …

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Why SMEs Offer Group Income Protection

In Business, Industry News, Protection by Stephen Ellis

As the responsibility for ensuring the wellbeing of employees is increasingly falling on the shoulders of employers, Group Income Protection is something that more and more businesses are taking advantage of. Widely seen as the jewel in the crown of employee benefits, Group Income Protection provides excellent financial and emotional support for employees when they are working through a sickness …

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Work-Related Mental Health Issues Now Account For Over Half Of Work Absences

In Business, Industry News, Protection by Stephen Ellis

There has been a surge in the number of working days lost to work-related mental health issues, new figures reveal. In 2017/2018, the number of working days lost due to work-related stress, anxiety or depression reached 15.4 million, according to the Health and Safety Executive’s latest annual injury and ill health statistics for Great Britain. That’s an increase of around …

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People With Arthritis Missing Out On Workplace Support

In Business, Individual, Protection by Paul Connolly

A leading arthritis charity has warned that many people with arthritis or related conditions are being forced out of work because they are not getting the support they need from their employers. According to a poll by Versus Arthritis – a charity that was recently created by the merger of Arthritis Research UK and Arthritis Care – more than a …

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Sit-Stand Desks Boost Productivity, Engagement & Energy Levels, Research Suggests

In Business, Industry News, Protection by Matthew Tagg

It’s no secret that the sedentary lifestyles many people in the UK lead are having a negative impact on their health. For example, earlier this year, a study found that just two weeks of sedentary office working can put people on the path to diabetes. Now new research suggests that a simple change of desk could not only improve the …

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Presenteeism Rife As Vast Majority Of Sick Staff Don’t Take Time Off

In Business, Industry News, Protection by Stephen Ellis

A whopping 88% of employees went to work while they were sick in 2017, a new poll has revealed. The survey of 1,001 workers by Canada Life Group Insurance found that 47% did not take a single sick day last year and that’s not simply because they weren’t sick. In fact, despite feeling unwell, 53% of employees felt their sickness …

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Gig Workers & Temps Get Fewer Health Protections Than Their Permanent Colleagues

In Business, Industry News, Protection by PCH Staff

Gig economy workers, temporary workers, part-time workers and those on zero-hours contracts enjoy fewer health and wellbeing protections than their permanent, full-time counterparts. That’s the key message to come out of a recently published survey by the Institution of Occupational Safety and Health (IOSH). According to the survey conducted by market research company Opinium, which polled some 500 non-permanent workers …

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A Quarter of UK Family Businesses Would Close Immediately If the Owner Died or Became Critically Ill

In Business, Family, Industry News, Insurance, Protection by PCH Staff

An alarming number of family businesses across the UK are putting themselves at increased risk of failure by not having safeguards in place should certain critical events occur, a new survey has found. According to Legal & General’s “State of the Nation’s SMEs” research – which polled over 800 small businesses – just 42% of family businesses in the UK …