Data shows the private healthcare sector is back to pre-Covid levels before the 2nd lockdown. Following a prolonged period of reduced activity levels due to the Covid-19 pandemic, the private insured and self-pay healthcare market has largely recovered, new research reveals.
Covid has caused employers to rethink their approach to employee health and wellbeing, and it’s time we all re-evaluated… Back in November, I provided an insight into what employers need to be looking at when it comes to employee benefits in the face of the Covid pandemic. More recently, I wrote about how staff are reappraising the value of the employee benefits they get due to Covid-19.
Nearly a quarter (23%) of UK businesses do not offer any form of emotional or practical support to employees if they are diagnosed with a serious illness such as cancer or heart disease. That is one of the main findings from new research by GRiD, the group risk sector industry body.
The announcement that the UK has approved the Pfizer-BioNTech Covid-19 vaccine will have come as welcome news for many. It now (hopefully) means that we can start returning to some semblance of normality once more and put the physical threat of SARS-CoV-2, the virus that causes COVID-19, behind us.
Most businesses already know the advantages of offering the right employee benefits to their workforce. However, some businesses overlook the importance of such products and beneficial role an intermediary can play when securing cover.
With that in mind, here are four key benefits for businesses when partnering with a broker who can offer a full range of employee wellbeing solutions, including employee benefits, insurance and occupational health services:
Back in October, I wrote about how the Covid-19 pandemic is hammering mental health. I also highlighted in that piece how despite the detrimental impact of the current situation, many businesses are responding and supporting their employees as best they can.
However, there is no getting away from the fact that Covid-19 is fuelling nothing less than a surge in work-related stress across the globe. Indeed, recently published research from AXA shows exactly what is happening in this regard across the UK.
In July 2019, the UK Government published a consultation paper: Health is everyone’s business: proposals to reduce ill health-related job loss. It outlined, among other things, how the government and employers can take action to reduce ill health-related job loss.
In response to the publication of this consultation, the industry body for the group risk sector, GRiD, set up the Workplace Public Policy Committee (WPPC), with the aim of promoting workplace health and wellbeing matters to government.
What employers need to consider when it comes to staff benefits in the face of the Covid pandemic and beyond.
The ongoing Covid-19 pandemic is having a dramatic impact on businesses and employees alike. But one area in particular where its effects are being felt is employee benefits.
Two separate pieces of research highlight what employers need to be looking at when it comes to employee benefits in the face of the Covid pandemic.
NHS waiting lists are at their highest level since records began and now concerns are growing that we could end up with a two-tier healthcare system here in the UK, as more people look to the private sector to accommodate their health needs.
Whether they’ve been furloughed for the last few months, working reduced hours or carrying on with their jobs as best they can, your employees will have been significantly impacted — in a variety of ways — by the ongoing Covid-19 pandemic. Right now, they need you as an employer to be more supportive than ever.