Some 1 in 7 employees had been absent for four weeks or more in the previous 12 months, according to research from Ellipse.
Fiona Murphy analyses how the restriction of salary sacrifice tax-free benefits will affect employee benefits.
Group Risk trade body GRiD said it was disappointed that the Autumn Statement provided no exemption for Group Life or Income Protection as changes to salary sacrifice schemes were announced today. Group Risk trade body GRiD said it was disappointed...
Chancellor Philip Hammond has restricted the tax-free benefits offered by salary sacrifice schemes - a move that is set to save the government more than £1bn by 2022.
Musculoskeletal (MSK) conditions account for a high proportion of the value of claims on corporate schemes - typically 35 to 40% of the total claims spend - and are also responsible for around 33m days sickness absence per year, according to research....
The UK Group Risk market - more employees and premiums, but still too few employers writes Paul Avis.
Mike Tyler has been appointed to Head of Lockton International Benefits, as the world's largest privately owned insurance broker "continues to see increased client demand for benefits services."
Research from Group Risk Development (GRiD) shows that the majority of employers overestimate the cost of group risk financial protection for their staff. Katharine Moxham discusses this in more depth.
Aviva is the first group protection insurer in the UK to partner with Care first and offer access to the Employee Assistance Programme (EAP) App.
It costs SMEs nearly £30,000, on average, to replace an employee according to research from AXA PPP healthcare.