Employees prioritise financial support when selecting a new job

GRiD research shows

Jaskeet Briah
clock • 1 min read

Financial support was the most important type of health and wellbeing support to employees when selecting a new place of employment, according to industry body Group Risk Development (GRiD).

GRiD's survey of 503 HR decision-makers and 1,212 employees found that financial support for the worst-case scenario was the most valuable type of support for employees due to the cost of living crisis and inflationary pressures. Katharine Moxham, spokesperson for GRiD, commented: "It's natural for employees with dependants to be concerned about how their loved ones would cope financially should they become incapacitated through illness or injury or were to pass away. "However, the cost-of-living crisis gives an added dimension to this apprehension with everything, from mortgage payme...

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 Group Protection

Benenden Health adds heart rhythm measurements to offering

Benenden Health adds heart rhythm measurements to offering

Partnership with FibriCheck

Jaskeet Briah
clock 06 June 2025 • 2 min read
Cancer main cause of claim for group risk

Cancer main cause of claim for group risk

GRiD research

Cameron Roberts
clock 02 June 2025 • 2 min read
Unum UK paid out £41.1m in dental claims in 2024

Unum UK paid out £41.1m in dental claims in 2024

75% of claims were for private treatments

Jaskeet Briah
clock 30 May 2025 • 2 min read