Employee benefits

Private medical insurance tops list of most in-demand company benefits

NHS figures show that over 7.6m people are currently on the waiting list across England whilst around 300,000 people have waited for more than 12 months.

Eldercare benefits can save UK businesses £42,400 annually

The average UK business can save £42,400 in lost productivity, absenteeism, and turnover a year due to employees balancing eldercare responsibilities and work.

Only 2/5 employers offer physical health support following injury, illness or disability

40% employers offer their staff support for physical health to help them stay in or return to work, if they are injured or have a new illness or disability.

¼ British managers say team members are increasingly demanding

A quarter of British managers (25%) say their team members have become more demanding in the past year, according to new research.

Health plans critical to culture and talent but too few employees use benefits

Health plans are the most impactful employee value proposition for attracting talent, yet 58% of HR leaders say that the benefits they offer are underutilised.

Commuters work 54 days to cover cost of commute

New analysis investigated common commuter routes across the UK to reveal how many days employees work just to cover the costs of travelling.

Matt Russell: The next frontier in workplace wellbeing – supporting neurodiverse employees

64% of neurodiverse employees believe that their company could be doing more to better support them, suggesting employers have room for improvement.

Only 49% of employers consider benefits that support all staff

When asked which benefits employers are most likely to offer, only 49% of respondents said they consider benefits that support all employees.

The UK Group Risk industry paid out a record £2.49bn in claims in 2023

In addition to financial payment, one of the most valuable benefits of group risk is the support it can provide in helping employees stay in or return to work.

83% of employers with overseas staff risk inadequate support with cash lump sum for benefits

It’s difficult to fulfil a duty of care when only offering a lump sum, rather than offering specific support from an approved and expert source.

Analysis, Advice and Opinion