Nick Homer: How can protection help employers retain their older staff?

"The role of group income protection and other health related benefits has never been more crucial"

clock • 4 min read

Nick Homer, head of group risk market management at Zurich, examines how the industry can help encourage more older employees to stay in, or return to, work in line with the Government’s current focus, via improved employee benefits.

At a time when companies are rightly focussing on diversity and inclusion, the strengths of an age-diverse workforce can, unfortunately, still sometimes be overlooked. Older workers, having been in their roles for years or sometimes decades, can often leave a knowledge gap that is difficult to fill once they leave. Their ability to mentor younger employees can be invaluable, and their lower tendency to move jobs can add greatly to a business's stability.   There's also the ability of being able to better reflect and empathise with a business's customer base. But recent years hav...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Group Protection

Third of grieving families unable to access financial information

Third of grieving families unable to access financial information

29% unaware of where important documents were stored

Jaskeet Briah
clock 26 March 2025 • 2 min read
Calls for government action on healthier working lives: Health Foundation

Calls for government action on healthier working lives: Health Foundation

Focuses on early intervention and vocational rehabilitation

Jaskeet Briah
clock 12 March 2025 • 3 min read
Two thirds of young adults take extended leave due to illness

Two thirds of young adults take extended leave due to illness

74% of 18-24-year-olds experienced burnout

Jaskeet Briah
clock 10 March 2025 • 2 min read