Over four in five employers (82%) now pro-actively record, monitor and manage absence, according to Group Risk Development (GRiD).
Mental health is now the biggest cause of claim in group risk markets. Katharine Moxham outlines the scale of the problem.
The ageing workforce is creating absence management issues for employers unaware of an exemption which can keep overall protection costs down, Group Risk Development (GRiD) has found.
Think-tank Demos has called on bosses to offer employees income protection (IP) schemes this Christmas to boost morale and productivity.
Employers have been up spending on benefits in spite of auto-enrolment costs, Group Risk Development (GRiD) has reported.
Employers need advice on prevention of mental health issues to sit alongside group cover, a group risk industry body said at an Association of British Insurer (ABI) briefing this morning.
One third (32%) of the UK's working population has called in sick to work due to stress, 52% of those in the last year.
The environment income protection is sold into is changing fast. Lee Lovett sees promising signs this could be the start of the time when IP cover comes of age
The Association of Medical Insurance Intermediaries (Amii) will be lobbying to government for P11D reform with the support of Biba later this year.
Group Risk Development (Grid) has hailed Swiss Re's group risk market report as "most encouraging."