What does 2021 mean for employee benefits?

Charlotte Godley, Head of Proposition, Benefex

I think it is fair to say that we were hoping that 2021 would not start the way it has, with the country back to full lockdown!  At least this time around, there is a light at the end of the tunnel with the roll out of vaccinations, but given the rather subdued Christmas and New Year celebrations for most of us it is still a tough start, and that’s even before we mention politics!

Where “unprecedented” was probably the word of 2020, it seems that “uncertainty” is likely to be at the top of the list for 2021. Whilst I could (and probably will!) write a lot more about the uncertain future of businesses, likely increase in mergers and acquisitions, redundancies and how our own pockets could be impacted by the cost of COVID as well as Brexit, for now I will focus on employee benefits in 2021, which is a safer and, I hope, more positive place to rest my mind!

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