All Group risk articles
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AnalysisHow employers can support staff with long-term conditions and non-visible disabilities
There are a plethora of benefits that employers can offer to support long-term health conditions and non-visible disabilities.
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Case StudiesDerwent London offers comprehensive support for long-term and non-visible conditions
Derwent London has taken steps to inform and educate staff so that those with chronic health conditions, or disability or accessiblity needs are fully supported.
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AnalysisWhat role does multinational pooling play in global benefits provision?
Credit: tomertu/Shutterstock Need to know: Annual dividends are still important, averaging 5% to 8%, but data is now regarded as the most valuable benefit of a multinational pool. Multinational pooling enables an organisation to take advantage of its global scale, accessing better terms and conditions ...
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Case StudiesMultinational pooling allows for more efficiency in Cognizant’s global benefits strategy
The size and global reach of Cognizant means it has multiple multinational pools for its employee benefits.
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Article27% of employers do not record impact of sickness absence
Source: Bankrx/Shutterstock A third of employers do not record the impact of sickness absence, according to research by industry body Group Risk Development (Grid). Its research found that of the 69% of respondents that do record the impact of sickness absence, the most popular method was calculating ...
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Case StudiesPerfomalis provides group risk perks to support staff wellbeing
Group risk benefits are available to organisations of all sizes, from small firms with just a handful of employees to large corporates. Digital marketing agency Perfomalis employs a team of 18 but offers group risk protection covering income during treatment, as well as lump-sum payments for more ...
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AnalysisHow employers can support staff through critical illness
Credit: Chumakov Oleg / Shutterstock Need to know: While the focus of group risk benefits was previously on the claim aspect and the monetary payout, now it is more about the crucial support and wellbeing benefits included in many policies. Communication of group risk benefits through ...
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Article40% offer physical health support to help staff stay in or return to work
Just two-fifths (40%) of employers offer staff support around their physical health to help them stay in or return to work, if they are injured or have a new illness or disability, according to research by industry body Group Risk Development (Grid). Its survey of 500 HR ...
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Case StudiesAllianz UK adjusts support for staff with chronic health conditions
A surge in chronic conditions since lockdown has seen insurer Allianz UK implement a range of more sophisticated processes and systems.A more detailed workplace adjustment process, rolled out across its 27 nationwide branches in April 2023, triaged nearly 300 people requiring adjustments last year to appropriate forms of support. Around ...
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AnalysisHas hybrid working affected the way chronic conditions are treated?
Credit: Fida Olga/Shutterstock Need to know: The pandemic has greatly increased employers’ focus on chronic conditions. Listening to chronic condition sufferers is key. Group income protection has an important role to play. It is unclear whether chronic health conditions as a whole increased directly due ...
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Article40% of UK staff would choose a job with lower salary but generous benefits
Two in five (40%) UK employees admitted they would choose a job with a lower salary but generous employee benefits, according to research from MetLife UK.When looking at financial benefits of a potential new job, the protection and employee benefits provider found that 37% of respondents said financial bonuses are ...
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AnalysisWhat will the proposed fit note reforms mean for employers?
The government reforms will trial fit note process changes in order to improve triage and signposting. Making it easier to get a fit note will enable employers to help staff get assistance in a shorter amount of time, and potentially return to work faster. The reforms ...
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Article30% offer support for serious illnesses
Just one-third (30%) of employers offer support for serious illnesses such as cancer to help their employees stay in or return to work, according to research by industry body Group Risk Development (Grid).Its survey of 500 HR decision-makers at UK businesses and 1,210 workers, which has been published to coincide ...
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Article19% regret not taking out a financial protection policy while caring for ill child
One in five (19%) UK parents admitted regretting not taking out a protection policy for financial support if they needed to take time off work to care for an ill child or children, according to new research from MetLife UK.The provider of protection, employee benefits and retirement solutions found that ...
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ArticleBuyer's guide to critical illness insurance
Nothing in life is certain, and being diagnosed with a critical illness such as a heart attack or cancer is a reality that many individuals have to face. Having access to critical illness insurance cover provided by their employer helps to alleviate some of the financial worry ...
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Article30% cite affordability as a challenge to support staff health and wellbeing
Affordability was cited as the biggest challenge in supporting the health and wellbeing of staff by 30% of employers, according to new research from Group Risk Development (Grid).The industry body for the group risk sector’s research was carried out among 503 UK HR decision-makers. It found that 45% of employers ...
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ArticleVirtual GP services are most used benefit offered to ill and injured employees
Employee Benefits poll: The most used benefit or support organisations offer to ill and injured employees is access to a virtual GP service (42%), according to a survey of Employee Benefits readers.Just above one-third (37%) said they provide an occupational sick pay scheme to support ill and injured employees, while ...
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AnalysisHow can employers build the case for aligning financial and mental wellbeing strategies?
Need to know:Financial worries affect the bottom line, with a poll by the Chartered Management Institute (CMI) finding the majority of employers believe the cost-of-living crisis has caused stress and anxiety that have affected productivity levels.Many organisations already offer benefits that can support employees’ financial wellbeing, whether as a core ...
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Article12% of employers do not offer support for ill and injured staff
Just one in 10 (12%) employers do not have support mechanisms in place for newly injured or ill employees because they either cannot afford it or they do not feel it is their responsibility, according to research by industry body Group Risk Development (Grid).Its study of 503 HR decision-makers working ...
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ArticleTwo-thirds do not receive group risk insurances as paid-for benefits
More than two-thirds of UK employees do not receive critical illness, income protection or dental insurance as a paid-for benefit, according to new research from Barnett Waddingham.The employment consultancy’s survey of 3,006 UK employees found that almost three-quarters (72%) are not given the option of critical illness insurance, while just ...