Only quarter of businesses source employee benefits from intermediaries: GRiD

Almost half contact providers directly

Jaskeet Briah
clock • 2 min read

Only one quarter (26%) of employers have sourced their employee benefits through an intermediary or adviser, according to industry body Group Risk Development (GRiD).

GRiD's research of 503 HR decision-makers found that 23% of employers sourced their employee benefits through a trade body or federation where a third-party organisation has already vetted the provider. Meanwhile, almost half (44%) of employers have obtained their benefits package by contacting a provider or supplier directly, while 34% did so by following up on opportunities that were sent to them from providers or suppliers. As such, only one quarter (26%) of employers said they are aware of all the employee benefits available on the market, GRiD detailed, and a further 43% only kno...

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