Addressing Financial Worries: Empowering Your Staff Through Employee Benefits

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Addressing Financial Worries: Empowering Your Staff Through Employee Benefits

As we transition into the post-festive season, it’s crucial to recognise the impact of financial worries on the well-being of your staff. Employee benefits can play a pivotal role in providing invaluable support to employees who may be navigating financial stress.

Many comprehensive Assistance Programmes are designed to offer both emotional and practical support to employees, providing a holistic approach to addressing financial concerns. Additionally, some tailored Medical Cashplans and Medical Insurance options can offer essential relief by providing cashback for dental, optical, and medical expenses, helping to alleviate the financial burden on your staff.

The latest Labour Force Survey (LFS) conducted by the Health and Safety Executive has revealed that 35.2 million working days were lost in 2022/23 due to work-related ill health and non-fatal workplace injuries. Stress, depression, anxiety, and musculoskeletal disorders accounted for the majority of these lost days, with an average of 15.8 days off work per affected individual (source: Statistics – Working days lost in Great Britain (hse.gov.uk))

The team at Cartlidge Morland understand the far-reaching impact of financial worries on employee well-being and productivity. That’s why we’re dedicated to helping our clients set up comprehensive employee benefits solutions that address the diverse needs of its workforce. For instance, many insurers include retail discount platforms as part of their offering, and as trusted advisers, we can connect you with these platforms to help reduce the costs of shopping and retail for your employees.

If you’re interested in learning more about how our tailored employee benefits solutions can empower your staff and alleviate financial worries, we encourage you to contact us  on 0207 709 5560 and ask to speak to one of our Employee Benefits advisers for more details. Together, we can work towards fostering a supportive and resilient workplace environment for your valued team members.