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Health Insurance & Protection - Businesses and workers set to benefit as new sick pay rules come into force

Absence and wellbeing rising up the agenda. By David Sawyers 6 April 2020.

New legislation comes into force today that means employers now have to tell their staff – on day one of employment or before – about their entitlement to sick pay.

Health insurance and protection industry experts say the new rules will mean companies stand to benefit as they pay closer attention to the health and wellbeing of their workers – which should result in a drop in absence rates, an increase in productivity and an improved work-life balance for staff.

Katharine Moxham, spokesperson for GRiD, the trade body for the group protecton industry, said she believes that the new legislation will encourage employers to beef up their employee benefits offering to make sure it is attractive to staff – and pays dividends for their bottom line too.

Moxham also said that with the current Covid-19 pandemic, “a spotlight has already been shone” on how employers support those that are absent. She said that while some employers will only offer the bare minimum Statutory Sick Pay, others will go much further, extending the time they pay absent staff, and extending the amount they pay.

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