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Why Employee Benefits Programmes Fail

In Business, Employee Benefits, Protection by Raina Dhillon

Earlier this year, we wrote about some of the considerations employers need to recognise when managing an increasingly age-diverse workforce. Failure to do so – especially when it comes to employee benefits – can result in organisations missing out on opportunities to engage and motivate their workforce, as well as struggle to retain the best talent. But why do employee …

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Why It’s So Important Employers Address Mental Health In The Workplace

In Employee Benefits, Industry News, Mental Health by Stephen Ellis

When Lloyds Banking Group chief executive Antonio Horta-Osorio approached his boss, Sir Win Bischoff, in late 2011 to request time off because of a stress-related condition, the chairman found himself in a position that he had not encountered in a career spanning six decades.   At the time, the situation was rare in the financial services world, an industry where it’s …

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Report Reveals Impact Of Stress-Related Conditions On Health Systems

In Employee Benefits, Health and Wellness, Healthcare by Stephen Ellis

Britons are stressed and it’s costing the NHS exorbitant sums to deal with, a new report suggests. According to research by the Cigna and Asia Care Group, nearly three-quarters (72%) of Brits suffer from stress, and stress-related illnesses accounted for more than 68 million GP appointments, 3 million emergency department visits, 9 million outpatient attendances and 5.5 million inpatient admissions. …

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Employee Assistance Programmes: High Impact And Cost Effective

In Business, Employee Benefits, Health and Wellness by Stephen Ellis

Employee Assistance Programmes (EAPs) are designed to support employees with work and life challenges. The death of a loved one, the end of a long-term relationship and even workplace personality conflicts are all examples of issues covered by EAPs. Over the years, EAPs have been developing at a rapid rate. Indeed, according to the Institute for Employment Studies (IES), access …

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Out Of Touch Health Support: Why Employers Risk Damaging Retention & Productivity

In Employee Benefits, Health and Wellness, Mental Health by Raina Dhillon

A significant disconnect exists between how employers view the health and wellness support they offer and the perceptions of employees. This is one of the main findings of a new report by a global health benefits provider and it’s a reality that is said to be negatively impacting productivity. According to research by Aetna International, despite the vast majority of …

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The Delicate Issue Of Cancer Cover & Group PMI

In Employee Benefits, Group Income Protection, Healthcare by Tom Pullinger

Cancer survival rates are higher than ever, having doubled in the last 40 years, according to Cancer Research UK. In fact, the charity says 50% of people diagnosed with cancer in England and Wales survive their disease for 10 years or more (2010-11). One of the main reasons why cancer survival rates have improved so significantly is because of the …

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Employer Considerations For An Increasingly Age-Diverse Workforce

In Business, Employee Benefits, Protection by Tom McGuinness

5 things for employers to consider when managing an increasingly age-diverse workforce. For employers, offering the right employee benefits can be tricky. After all, today’s workforce is more age diverse than ever, with sometimes five different generations of workers in one company. Indeed, data from the Office for National Statistics shows that more than 24% of people living in the …

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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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Why Employers Need To Engage Their Gen X Employees

In Business, Employee Benefits, Industry News by Raina Dhillon

Much focus is being placed by companies on pleasing their millennial workforce, with employee benefits packages often being tailored to appeal to this cohort. But while this is obviously a good thing for this generation of employees, companies are running the risk of alienating another important part of their workforce: the Generation Xers. Gen X is the hardest working demographic …

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5 Ways Employers Can Help Their Employees’ Financial Wellbeing

In Employee Benefits, Group Income Protection, Insurance by Stephen Ellis

Employees typically have to deal with day to day distractions and levels of stress that they can cope with. But sometimes individuals are also dealing with other problems, one of the most common of which is financial worries. One group in particular that is feeling its fair share of finance-related stress and anxiety is millennials. These individuals entered the workforce …

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How Employers Can Better Support Their Employees’ Financial Wellbeing

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

More and more businesses are understanding the importance of employee financial wellbeing (and with good reason). After all, money problems affect employees and that in turn impacts employers, which is why financial wellness in the workplace has quickly become a significant priority on the management agenda. According to PwC’s 8th annual Employee Financial Wellness Survey, 59% of employee respondents cited …

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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 …