Employee benefits - what you need to know and how to talk about them at work
Would you know how to raise the issue of employee benefits at work?
If you're feeling a little unsure, check out these simple guides to what your employee benefits are, as well as tactful ways to raise the subject of benefits - and when's the right time to bring up the delicate topic of a back-up plan.
- The right time to talk about a back-up plan
- Starting a conversation about a back-up plan
The Birri family's story
A stroke, complicated by meningitis and septicaemia, left Simon Birri partially paralysed down his left side. In this video, he and his partner talk about the huge difference that having Income Protection made.
How long would your employer pay you if you were unable to work due to illness or injury?
If you had the misfortune to suffer a long-term illness or injury how long would your employer continue to pay your usual monthly salary? A week, a month, three months, six months? Most people have no idea what their company's sick pay policy is and wrongly assume their monthly pay cheque will continue month after month. From our own research we know that around 50% of people believe their employer would pay their full salary for six months*. The reality is very different.
Sick pay benefits today
64% of UK private companies only offer their employers Statutory Sick Pay (SSP) if they are off work for longer than four consecutive days+. This is the legal minimum they are required to offer by law. This means their employees are only entitled to £85.85 a week (in this current tax year), representing a significant drop in salary for many.
*Media and evaluation research commissioned by Unum and conducted by ORC International, September 2011
+ How businesses manage sickness absence commissioned by Unum and conducted by Holden Pearmain, 2012
Last updated: about 3 years ago