Not Communicating Your Sickness Provision?

04/05/2020

According to research from the industry body Group Risk Development (GriD) taken from a sample of organisations across the UK they found 1 in 4 employers do not communicate sickness and absence provision to their employees.

The research found with over 500 employers surveyed there were a significant number who do not actively promote or make available important details of their staff benefits.

Such benefits as group income protection and group health insurance are benefits which can really set an employer apart as an employer of choice. Building an open and trusting relationship is so important to ensure your employee’s engagement with your organisation.

Katharine Moxham from GriD, said: “By keeping details of benefits such as GIP under wraps, employers are missing a powerful opportunity to motivate personnel and foster self-reliance.

There were a number of additional findings that are quite interesting if not alarming.

  • From the poll, 8% of respondent state they have a policy in place but do not actively promote preferring to remain quiet about the details.
  • 12% responded stating they treat sickness on a case by case basis.
  • 5% of the population surveyed have no provision at all but believe staff are aware of this.

Katharine Moxham continued: “By keeping details of benefits such as GIP under wraps, employers are missing a powerful opportunity to motivate personnel and foster self-reliance.

“There are many additional benefits that come with a group income protection policy that can really help both employee and employer. If a plan is already in place and premiums are being paid then as an employer they should ensure all employees are aware of the policies value.

“Many income protection insurance plans come with rehabilitation support to help ease employees back into work from long term absence. Providing such a policy really takes the burden off you the employer and places it in the hands of an expert in this field.”

Compare Top 10 UK Providers

Takes approx. 60 seconds
Verified by Norton Symantec icon
 Or Call Us

Contact Us

Head Office & Pensions and Investments
Senator House
85 Queen Victoria Street
London
EC4V 4AB
Personal Insurance & Accounts Payable
Telecom House
125-135 Preston Road
Brighton
BN1 6AF
Drewberry London Office MapDrewberry Brighton Office Map

If you are unhappy with our service, we have a complaints procedure, details of which are available upon request. If you are unhappy with how your complaint has been dealt with, you may be able to refer your complaint to the Financial Ombudsman Service (FOS). The FOS website is www.financial-ombudsman.org.uk.

Drewberry Ltd is registered in England and Wales. Companies House No. 06675912

Drewberry Ltd registered office: Telecom House, Preston Road, Brighton, England, BN1 6AF. Telephone 0208 432 7333

Drewberry Ltd (Financial Conduct Authority No. 505473) is an Appointed Representative of Quilter Wealth Limited and Quilter Mortgage Planning

Limited, which are authorised and regulated by the Financial Conduct Authority.

Cookies

Drewberry™ uses cookies to offer you the best experience online. By continuing to use our website you agree to the use of cookies including for ad personalization.

If you would like to know more about cookies and how to manage them please view our privacy & cookie policy.

Deny
Approve