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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 …

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Pregnant Women To Get Better Workplace Protection Under New Government Plans

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

The UK government has set out new proposals designed to protect pregnant women and new parents returning to work following the birth of a child against unfairly losing their jobs. The new proposals have been created to combat workplace discrimination and provide better protection to women who return to work after maternity leave. Legal Protection For 6 Months According to …

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What Does The Average Brit’s Ideal Job Look Like?

In Business, Employee Benefits, Industry News by Paul Connolly

If you could pick and choose workplace benefits, job perks, even your salary, what would your ideal job look like? That’s one of the key questions a new survey conducted by CV-Library set out to answer. As we informed you earlier this month, wellbeing products are becoming more popular among employees, with UK workers spending around £174 per month, on …

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Protecting & Promoting Staff Mental Health

In Business, Employee Benefits, Industry News by Stephen Ellis

According to new research from a leading group risk industry body, less than a fifth of employers proactively manage stress and mental health issues in the workplace. The survey undertaken by Opinium on behalf of Group Risk Development (GRiD), the industry body for the group risk protection sector, found that just 18% of employers are proactively managing stress and mental …

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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 …