Nearly two thirds of SME owners concerned about protection gap - MetLife

Adam Saville
clock • 1 min read

Employee benefits for small-to-medium-sized firms out outweighed by those of larger firms, senior managers believe

A study by MetLife UK has found that almost two out of three (63%) of SME bosses are worried that their staff face an employee benefits protection gap, compared to those offered by bigger companies. The research, which surveyed 508 senior decision makers at SMEs (50 to 299 staff), also revealed that executives at larger firms (71%) are most concerned. Group risk The senior managers surveyed said that they believe there is a duty to provide benefits beyond pensions (69%), however around one in 10 said they are unable to provide benefits other than workplace pensions - they cited lac...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Employee Benefits

One in five men unaware of employer health support: Bupa

One in five men unaware of employer health support: Bupa

Delaying diagnosis amid fears of career impact

Jaskeet Briah
clock 12 January 2026 • 2 min read
Towergate Employee Benefits completes Everywhen rebrand

Towergate Employee Benefits completes Everywhen rebrand

New website launched

Jaskeet Briah
clock 05 January 2026 • 1 min read
Partner Insight: Workplace health review signals new benefit options for advisers

Partner Insight: Workplace health review signals new benefit options for advisers

Simplyhealth Keeping Britain wo…

Simplyhealth
clock 18 December 2025 • 1 min read