Over six in ten (63%) employers have increased their support to staff across one or more areas of mental, financial, physical and social wellbeing in light of the COVID-19 pandemic.
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Employee Benefits
The pandemic employee benefit adjustment
Benefit packages are being overhauled as the pandemic changes employer-employee dynamic.
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Employee Assistance Programmes: Do You Know Their Worth?
advo recently covered an article on the lack of communication about staff benefits. The article explains that a recent survey revealed that only 57% of employers believe their workforce is aware of all their benefits and understands them. An incredible 35% of employees say their company doesn’t communicate benefits or they don’t remember if they do.
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Lack of long-term support for sickness
The lack of financial support for long-term sickness is outlined in research from GRiD which confirms that a third of employers don’t have financial support in place for employees if absent for the long-term with a quarter of employees don’t know whether their employer offers financial support or not.
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Coronavirus – The impact on group insurance
As the coronavirus (COVID-19) outbreak continues to dominate headlines the question many advisers and clients are asking is whether their group health and risk policies are affected and whether they still provide adequate protection.
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A lack of staff benefit communication
Surprisingly, a recent survey by GRiD revealed that only 57% of employers believe their workforce is aware of all their benefits and understands them with an incredible 35% of employees say their company doesn’t communicate benefits or they don’t remember if they do.
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Mental health support from employers is the employee priority
Out of the four key pillars of wellbeing (mental, financial, physical and social), mental wellbeing is the number one priority that employees believe their employer should be responsible for supporting, with half (49%) of employees choosing this over the other areas of wellbeing, shows research* from GRiD, the group risk industry body.
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Healthy lifestyles mean lower claims
Data from insurer, Vitality shows that people who engage in healthier lifestyles ‘Significantly’ claim less from their health insurances.
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EXCLUSIVE INTERVIEW: Simon Miller, Senior Director of Proposition, Aetna International
advo’s Advocate magazine caught up with Simon Miller, Senior Director of Proposition at Aetna International, to talk about the mental health challenges faced in the wake of COVID-19, what employers can do, and how the latest apps can help build resilience and positive coping mechanisms.
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Telemedicine and remote treatment in a COVID World
International Health Insurance provider, Now Health International’s Ximena Besnier looks at Telemedicine and Remote Treatment in a COVID World.
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