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UK Businesses: Benefits Of Partnering With An Employee Benefits Broker

In Business, Employee Benefits, Protection by Richard Holden

Most businesses already know the advantages of offering the right employee benefits to their workforce. However, some businesses overlook the importance of such products and beneficial role an intermediary can play when securing cover. With that in mind, here are four key benefits for businesses when partnering with a broker who can offer a full range of employee wellbeing solutions, …

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How Employers Can Better Support Their Employees’ Financial Health & Wellbeing

In Employee Benefits, Health and Wellness, Protection by Tom Pullinger

Whether they’ve been furloughed for the last few months, working reduced hours or carrying on with their jobs as best they can, your employees will have been significantly impacted — in a variety of ways — by the ongoing Covid-19 pandemic. Right now, they need you as an employer to be more supportive than ever.  One of the areas that …

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Covid Pandemic Increases Interest In Protection Products

In Family, Individual, Protection by Claire Ginnelly

Two separate pieces of research have highlighted how the Covid-19 pandemic has caused people to rethink their attitudes towards life and health risk, sparking increased interest in protection products. Gen-Z most influenced by pandemic The first piece of research: ReMark Global’s seventh annual Global Consumer Study (GCS) into life and health insurance, found that Generation Z (the demographic cohort born …

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Making The Most Of Employee Benefits: Communication Is Key

In Employee Benefits, Group Income Protection, Protection by Claire Ginnelly

Communication is vital for employee benefits adoption but many employers are missing the mark. At a time when many people are unable to see their GPs — either because they are scared to attend face-to-face appointments for fear of catching coronavirus, or simply due to a lack of available GP appointments — the role of employee benefits has perhaps never …

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Baby Boomers’ Health & Wellbeing Concerns Employers Most – GRiD

In Health and Wellness, Industry News, Protection by Claire Ginnelly

Employers are more concerned about the health and wellbeing of baby boomers than they are any other generation in the workplace, new research reveals. Generally defined as people born from 1946 to 1964, during the post–World War II baby boom, baby boomers are fast approaching retirement. Nevertheless, they are the generation that employers worry about most when it comes to …

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Income Protection: Safeguarding Your Income When The Unexpected Happens

In Individual, Industry News, Protection by Tom Pullinger

How long could you and your family survive financially if you suddenly became unable to work? Would state benefits be enough to support you? How long would any savings you’ve accumulated last? If your answer to any of those questions was “I don’t know” then Income Protection (IP) might be something you want to find out more about. IP: Employer …

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The Role Of Employee Benefits In Easing Workers Back Following Long-Term Absence

In Employee Benefits, Industry News, Protection by Claire Ginnelly

Returning to work after a long absence is daunting for most employees. Whether they’ve been absent due to a sickness, or taken time off because of a bereavement, sabbatical or parental leave, employees ultimately need support upon their return. In fact, the same applies to workers returning to their jobs following the COVID-19 lockdown. Some will have been furloughed, while …

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A Simple Guide to Popular Employee Benefits

In Employee Benefits, Industry News, Protection by Paul Connolly

Employee benefits play a vital role in helping your business recruit and retain the best talent. Numerous studies have shown that individuals want to work for an employer who understands their needs and caters for them by offering the right employee benefits.  The bottom line is it’s no longer enough to rely on remuneration alone to appeal to employees and …

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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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Let’s Keep Business Protection Front Of Mind

In Business, Industry News, Protection by Paul Howell

Business protection, or Key Person Insurance as it’s also known, is insurance that helps protect a business against the financial effects of a key person being diagnosed with a critical illness or dying. When you consider that for the majority of businesses, their most valuable asset is there people, by not taking out business protection, they are risking their entire …

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Brits At Risk Of Being Left Financially Exposed

In Individual, Industry News, Protection by Rebecca Faulks

Statutory Sick Pay (or SSP) is flagging behind inflation, meaning millions of Brits would be left financially exposed if they were to get hit by an illness or injury, new research shows. According to the analysis by Cirencester Friendly Society, SSP has risen by just £25.14 since 2016 – from £383.28 to £408.42 per month. This is significantly less than …

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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 …