Analysis – Page 7
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AnalysisEmployee Benefits Healthcare Research 2020
Click to download the Employee Benefits Healthcare research 2020.The Employee Benefits Healthcare research 2020 was conducted in August 2020 among readers of employeebenefits.co.uk.This report is aimed at helping compensation, reward and benefits professionals understand the key issues driving current healthcare and wellbeing beneifts strategies, as well as issues shaping future ...
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AnalysisWhat long-term health and wellbeing lessons can employers learn from the Covid-19 pandemic?
Need to know:Greater awareness of mental health problems associated with Covid-19 (Coronavirus) will make employers and employees more comfortable to discuss this area of health.The pandemic could drive health and wellbeing benefit redesign, with greaterfocus on prevention, digital services and personalisation.Organisations are seeking more frequent feedback from employees to better ...
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AnalysisWhat does the future hold for the private medical insurance market?
Need to know:Demand for private medical insurance (PMI) has increased by up to 50% amid growing concerns about NHS waiting lists.Large claims, due to delays in diagnosis and a potential insurance premium tax (IPT) increase, are putting affordability under pressure.Digital services, such as virtual GP and triage support, could help ...
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AnalysisHow can employers offer long-term support for employees with stress and anxiety?
Need to know:Line managers need to keep the lines of communication with employees open to ensure they spot the signs of stress and anxiety.Organisations need to keep employees up to date with any business issues and allow them to voice any concerns to alleviate any stress due to the unknown.Employers ...
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AnalysisHow are employers preparing for employees' return to work?
Need to know: An effective communications line between the employer and employee is needed to ensure a smooth transition back into the workplace.Employers can offer benefits to support employee health and wellbeing on their return.Employee feedback can help the workforce adapt smoothly to the transitions resulting from the Covid-19 pandemic.As ...
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AnalysisHow do digital GP services fit in a health and wellbeing strategy?
Need to know:Digital GPs complement other health and wellbeing benefits such as physiotherapy, employee assistance programmes (EAPs) and mental health programmes.Employees may wish to speak to a virtual GP before they use additional health and wellbeing support benefits.Encouraging the use of digital GP services could reduce absence levels, increase productivity ...
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AnalysisWhat does the Covid-19 pandemic mean for international benefit strategies?
Need to know:Digital benefits and online platforms are set to increase as more employees around the globe work remotely.International demand for health and protection benefits is up, with a focus on wellbeing and lower-cost options.Different experiences of the pandemic mean local benefits solutions are important.With the Covid-19 pandemic forcing much ...
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AnalysisWhere do the parameters of employers' responsibility to wellbeing lie?
Need to know: We live in a very open age, but employers must still tread carefully when it comes to employees’ personal lives.Physical, mental and financial wellbeing is all-important to employees' productivity and they will be looking to employers to help in the midst of the Covid-19 (Coronavirus) pandemic.Employers ...
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AnalysisBenefits that can ease employees back into work after long-term absence
Need to know: Employers must ensure employees are fully supported when returning to work after long-term absence. Benefits such as flexible working can make the transition back to work easier.The Institute for Public Policy Research's (IPPR) Working well: A plan to reduce long-term sickness absence report, published in ...
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AnalysisHow group risk benefits can support good mental health
Need to know:Group income protection plans may include employee assistance programmes (EAPs), digital GP services and other mental health support at no extra cost to premiums.Employers should familiarise themselves with, and communicate effectively, the add-on benefits a group risk plan may offer.Employers need to re-communicate any mental health support services ...
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AnalysisHow can fitness and nutrition benefits influence good mental health?
Need to know:Employees need 35 minutes of physical activity per day to improve mental health.Nutritional webinars can help guide employees to make good mood-boosting health choices. Employers need to find new ways of encouraging good mental health behaviours during the Covid-19 (Coronavirus) pandemic.It stands to reason that every employer wants ...
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AnalysisHow will the Covid-19 pandemic change the employer/employee relationship in the future?
Need to know: While the Covid-19 pandemic posed many immediate challenges to employers, many have risen to the challenge, finding creative new ways to make sure staff stay physically and mentally well.There are a number of steps employers can take now to prevent an us-and-them culture existing after furlough.Flexible working ...
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AnalysisHow can employers support the health and wellbeing of a global workforce during a health crisis?
Need to know:The Covid-19 (Coronavirus) pandemic is an unprecedented situation but international healthcare plans will already have provisions in place for such a situation.Benefits such as employee assistance programmes and telemedicine help to support global workforces by providing 24-hour-a-day access to support and medical advice.If evacuation is not an option ...
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AnalysisHow can employers help staff improve their metabolic age?
Need to know:Metabolic age is a holistic way of quantifying health, taking into account physical as well as mental wellbeing.Having an empirical measurement can help frame and communicate a holistic wellbeing strategy.Education and communication should centre on a fun, healthy approach, and team activities should not focus too much on ...
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AnalysisHow to align occupational health support with workforce demographics
Need to knowEffective occupational health strategies should start with an assessment of workforce demographics and needs.There are some universally important issues, such as the prevalence of musculoskeletal problems in all areas of the workforce.Line managers are an integral resource in creating an effective, tailored approach to workplace health and safety.Workplace ...
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AnalysisWhat is the role of occupational health in supporting mental wellbeing?
Need to know: Occupational health provisions have typically been seen as dealing with physical health and safety, but employers should understand and promote their role in supporting mental wellbeing.Having a codified approach to mental health can place it on the same footing as physical health and safety, which has knock-on ...
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AnalysisHow can occupational health data inform corporate wellbeing strategies?
Need to know:Analysing data from occupational health questionnaires and absence services can identify health issues and trends in the workplace.Employee consent must be obtained if an employer wants to use data collected by occupational health services.Employers should use as broad a range of employee health data, including occupational health insight, ...
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AnalysisHow to build an attractive benefits package on a budget
Need to know:Although flexibility and choice are important, there are some low-cost, go-to starting points, such as employee assistance programmes (EAPs).It can be worth investing in slightly more expensive products or platforms, to derive the best value in the long run.Communication, packaging and position are just as important as having ...
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AnalysisKeeping employees engaged through organisational change
Need to know:Whether positive progress or worrying uncertainty, change in business can impact employee engagement, retention and wellbeing.Employers should identify key metrics relevant to engagement to focus on and monitor throughout a period of change so as to understand the impact of uncertainty on staff.Consistent, two-way communication, with input from ...
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AnalysisHow to quantify the value of additional pension contributions
Need to know:Part of engaging staff with pension contributions is aligning these with other savings vehicles, and showcasing the beneficial deal that is on offer.Breaking down monthly costs into pounds and pence can help contributions seem more manageable, as can bringing far-off goals forward with shorter-term achievements.Asking employees to give ...