Follow us on:

CloseClose

HR Review - Employers are misjudging the possibility of a severe issue affecting their staff

Employers seem to be misjudging the chance of a severe issue such as an illness or bereavement affecting their staff within the next 12 months.

According to Group Risk Development (GRiD), the industry body for the group risk protection sector has shown a disparity in HR professionals views and reality. Even though just under 80 per cent (78 per cent) of individuals working in HR for large companies having already supported a staff member in their current role going through bereavement, only 65 per cent predict they will have to do this again in the upcoming 12 months.

This miscalculation also extends to employees being absent for a long period of time. HR professionals who have experience dealing with employees being absent for six months or over lie at 76 per cent, only 60 per cent believe it will happen again in the next 12 months.

Irrespective of a HR professional experiencing such issues with an employee, the likelihood of it happening is high enough. According to Macmillan Cancer Support 125,000 people of working age will be diagnosed with cancer every year. Mind, the mental health charity predicts 1 in 4 people will endure a mental health problem and the Office for National Statistics (ONS) shows that 16 per cent of people who died in 2017 were of working age.

Please click here to view the full article.

Join now

If you are active in the group risk market and would be interested in gaining a greater share of voice and working more closely with your contemporaries in the industry please get in touch by completing this page.

Benefits of membership:

A STAKE IN POLICY

A STAKE IN POLICY

The opportunity to influence group risk policymaking.

VALUE BY ASSOCIATION

VALUE BY ASSOCIATION

GRiD is a respected voice in the protection sector – as such, membership enhances the status of member organisations.

ACCESS TO EXCLUSIVE INFORMATION

ACCESS TO EXCLUSIVE INFORMATION

Privileged access to output from the various working groups, including consultation responses, regulatory updates, employer research and pan industry claims data. GRiD members also gain exclusive access to industry speakers at member meetings.

Please enter your details:

Member register
  •     Already a member? Please login.