The Covid-19 pandemic has totally transformed the way we all live and work. As a result, our physical and mental health has been under significant pressure for more than a year. Isn’t it time wellbeing initiatives were placed higher up on employers’ agendas?
The Covid-19 pandemic has noticeably changed our attitudes towards healthcare, especially how we view private health in the UK. As a result, private medical insurance will be at the forefront of many people’s minds as this year continues to unfold.
The Covid-19 pandemic has caused many individuals to consider their health, their family’s health and mortality in general. It’s a reality that has led many to investigate the benefits of private healthcare in the UK and review whether private medical insurance would be a smart investment for themselves and their family.
The COVID-19 pandemic has made financial wellbeing at work one of the hottest topics for both employers and employees. As a result, the importance of employee benefits -- particularly protection products -- has never been greater. However, new research reveals that many employers are not prioritising financial wellbeing at work.
The Covid-19 pandemic has made most workers consider their financial situation and security, as well as emphasised the importance of Group Risk employee benefits. In fact, Group Risk products have never been so highly valued (by both employers and employees).
Now, more than ever, organisations must have their employees’ wellbeing at the forefront of their minds. One of the best ways to achieve this is with the right Group Risk products.
The nature of the relationship between employers and employees has changed during the course of the ongoing pandemic. Once it’s all over, employees will expect better benefits, including protection products like Group Risk and Health Insurance, to be part of employer offerings.
According to Westfield Health’s Coping with Covid report, mental health-related workplace absenteeism costs rose by £1.3 billion during 2020. This represents an increase of 10% over 2019. Travel restrictions, furlough, working from home and pay cuts were all indicated as having brought radical changes for millions of UK employees.
Since the beginning of the Covid-19 pandemic, demand for Critical Illness cover and Income Protection has soared. That’s one of the key findings of new research published by insurer Zurich.
According to the FCA’s Financial Lives Survey, more than half of UK adults are in some sense considered vulnerable. As a result, these individuals are at greater risk of harm because of low financial resilience and negative life events. How can employers balance productivity with financial security for their staff? With the right employee benefits.