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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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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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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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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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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Data from insurer, Vitality shows that people who engage in healthier lifestyles ‘Significantly’ claim less from their health insurances.
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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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International Health Insurance provider, Now Health International’s Ximena Besnier looks at Telemedicine and Remote Treatment in a COVID World.
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With lockdown measures easing and office spaces starting to open again, new research reveals that 35% of those who have been working from home during lockdown want a vaccine or an antibody test before returning to the physical workplace.
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During lockdown £57m has been paid to bereaved families from employer-sponsored group life insurance policies as a result of covid-19 reinforcing the worth of this valuable staff benefit.
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