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Bdaily News - Employers are not financially supporting their long-term absent employees

A quarter of employers do not financially support their employees when they are long-term absent from work according to research from GRiD, the industry body for the group risk protection sector. For most employees, remuneration is the primary reason they work, and GRiD believes that it’s important for employers to consider how they can financially support absent staff at a time when they need it most.

Katharine Moxham, spokesperson for GRiD said: “We know that meaningful work provides a number of benefits, including a sense of purpose and fulfilment and social interaction, but fundamentally, we also know that most people are compelled to work to earn a living. Many households have no savings at all and would struggle to pay their mortgage, rent or meet other financial commitments within weeks or months if they were unable to bring home a salary.

“Employers really need to think about whether they want to be the type of organisation that does or doesn’t help their employees financially when they are absent over the long term. It’s not just a case of doing what’s right for existing staff but demonstrating how employees are valued is important in attracting future talent too.”

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