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New Study Identifies Four Talent Trends For 2020

In Business, Employee Benefits, Group Income Protection by Raina Dhillon

Top employers are navigating uncertain economic times by focussing on the health, financial wellbeing and careers of their employees, a study suggests. According to a report by Mercer, the worldwide consultancy firm, there are four trends for multinational organisations and those with globally mobile employees to “win with empathy” now and post-pandemic. The current COVID-19 pandemic and the subsequent uncertainty …

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Income Protection: More Than Just Insurance

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

Figures show that income protection (IP) sales are healthy. In fact, according to data released by the Financial Conduct Authority (FCA), IP sales in the first half of 2019 reached their highest level since FCA records began in Q2 of 2005. But while many people understand that income protection and group income protection are primarily designed to provide an income …

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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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Driving Better Business Outcomes With Employee Engagement

In Business, Employee Benefits, Industry News by Raina Dhillon

Research has shown that businesses thrive – benefiting from higher productivity, increased profit and have more sustainable growth – when their employees are highly engaged and committed to the mission and purpose of the overall organisation. Consider these stats released last year by Gallup, which highlight the benefits that companies with the highest employee engagement enjoy: 41% lower absenteeism 24% …

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More Than 1 In 10 Businesses Ignoring Staff Wellbeing – GRiD

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

Mental health in the workplace is, quite rightly, getting more attention now than ever before, which is helping break down some of the stigma attached to this important subject. But even though mental health at work is now firmly under the spotlight, some businesses still don’t believe that they are responsible for supporting the wellbeing of their staff, new research …

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Delivering SMEs With Cancer Support Through Employee Benefits

In Business, Employee Benefits, Healthcare by Tom Pullinger

A cancer diagnosis is always extremely difficult to come to terms with. The uncertainty it creates, coupled with the need to take time off from work and the potential financial implications only exacerbate the situation. But while an employee having time off to receive cancer treatment and begin the road to recovery can often be absorbed by large corporations, the …

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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 …