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Mental Health Issues Still A Taboo Subject (And It’s Costing UK Businesses A Fortune)

In Business, Employee Benefits, Mental Health by Tom McGuinness

New research shows that a significant proportion of European employees are uncomfortable talking about mental health issues in the workplace. According to the survey by payroll and HR solutions provider ADP, 31% of workers would not feel comfortable disclosing to their colleagues that they had a mental health issue, while 61% of employees said their employer is not interested in …

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Private Healthcare As A Benefit Promoted By Three In 10 Job Descriptions Targeting Millennials

In Business, Employee Benefits, Industry News by Tom Pullinger

A significant proportion of job descriptions aimed at younger individuals advertise private healthcare as a perk, new research has found. The research, which was conducted by employee experience organisation Perkbox and talent matching platform TalentPool, found almost three in 10 (28%) job descriptions aimed at Millennials and people belonging to Generation Z, promote private healthcare as an employee benefit. It’s …

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Mental Health In The Workplace: Research Shows Managers Need Support

In Business, Industry News, Mental Health by Paul Connolly

New research shows an apparent disconnect when it comes to how managers rate their own ability to promote wellbeing in the workplace and how staff view their manager’s performance. It’s a reality that shows even though mental health at work is starting to get the attention it deserves, there’s still a way to go to ensure it becomes a key …

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Understaffing One Of The Biggest Causes Of Workplace Stress

In Business, Individual, Industry News, Protection by Raina Dhillon

Understaffing is one of the major causes of workplace stress, a new study by a leading UK insurer has found. According to the poll of more than 1,000 workers by MetLife UK, over half (52%) of employees said that understaffing heightened their stress levels at work, while a similar proportion said underperforming team members added to the pressure and created …

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Employee Benefits: Helping SMEs Level The Playing Field In The Competition For Talent

In Business, Employee Benefits, Industry News by Raina Dhillon

When it comes to recruitment and attracting/retaining the best talent, SMEs often struggle to compete with larger organisations. That’s because the latter are usually in a position to offer larger salaries, impressive business premises and more attractive career prospects. However, there is one area where SMEs can effectively compete and that’s employee benefits. Employees love benefits We’ve previously written about …

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Death In Service Vs. Personal Life Cover: Which One Is Right For You?

In Business, Employee Benefits, Insurance by Paul Howell

We often get asked by clients what the difference is between death in service (also known as group life cover) and personal life insurance. As such, here’s what you need to know about the difference between the two: What is death in service? Death in service is an employee benefit sometimes provided by employers that is designed to pay a …

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Invest In Staff & They’ll Invest In You

In Business, Employee Benefits, In The Press by Claire Ginnelly

SOME PEOPLE BELIEVE STAFF benefits such as private medical insurance or group income protection are only bought by larger SMEs and corporates. Every company, from micro-SME to large corporate, should look at benefits available to provide to employees. Employee productivity is key for all businesses but the smaller the company the more important productivity becomes – and looking after employees’ …

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5 Reasons Why You Should Offer Private Medical Insurance To Your Employees

In Business, Employee Benefits, Healthcare, Industry News by Tom McGuinness

Your staff are the lifeblood of your business. Without them, the success of your organisation would be severely jeopardised. In fact, unless you’re a true one-man-band, you probably couldn’t run your business at all without your employees. Therefore, it stands to reason that protecting one of your most (if not THE most) valuable assets should be at the top of …

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Majority Of Self-Employed Individuals Are Under-Protected

In Business, Industry News, Protection by Paul Connolly

We recently informed you about how most independent financial advisers (IFAs) believe that younger consumers are not securing protection until it’s too late. The aforementioned article outlines that there is a huge opportunity to grow the protection market among young consumers, however, many believe Income Protection is too expensive – despite the fact it can often be taken advantage of …

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Two Employee Benefits That Won’t Break The Bank

In Business, Employee Benefits by Tom Pullinger

Some organisations are deterred from offering employee benefits because the implementation costs seem high and it is difficult for them to see how they will get a return on their investment. However, the reality is that offering employee benefits affords a number of advantages for both employers and employees alike, many of which are enough to offset the associated costs. …

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One In Five UK Businesses Lack The Expertise To Manage Sickness Absence – Zurich

In Business, Employee Benefits, Industry News by Stephen Ellis

More than one in five (22%) UK businesses lack the expertise needed to manage workplace sickness absence. That is one of the key revelations from a new study conducted by YouGov on behalf of insurer Zurich. Losing Staff, Productivity Declining The study, which polled financial decision makers in British companies, examined the biggest risks facing them today. The findings of …

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Better Employee Benefits? Vast Majority Of UK Workers Affected By Money Worries

In Business, Employee Benefits, Industry News by Paul Howell

The vast majority of UK workers are troubled by money. That’s one of the key takeaways from new research that surveyed more than 5,000 employees and over 1,000 employers. According to the inaugural Close Brothers’ Financial Wellbeing Index, 94% of UK employees are suffering from money worries and over three-quarters (77%) say that money worries impact them at work. Two …