At a time when government is encouraging employers to extend mental health support, potential tax liabilities around access for immediate families - and legal and financial support - are acting as a deterrent, says Generali UK.
Generali UK Employee Benefits is calling on corporate advisers to work in partnership with providers to help employers feel comfortable in extending EAPs to the families of employees. Right now, although such services are there for the taking - generally at no extra cost from a provider perspective - employer concerns over tax liabilities may be deterring many from even considering this option. "Ironically, the government recently acknowledged the ‘crucial' role of employers in supporting their...
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The pandemic had forced many people to reconsider their financial resilience
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