No Result
View All Result
Benefits Expert
  • About
  • Advertise
  • Alerts
  • Events
  • Contact
  • NEWS
  • IN DEPTH
  • PROFILE
  • PENSIONS
  • GLOBAL REWARDS
  • FINANCIAL BENEFITS
  • HEALTH & WELLBEING
  • DIVERSITY & INCLUSION
No Result
View All Result
Benefits Expert
  • NEWS
  • IN DEPTH
  • PROFILE
  • PENSIONS
  • GLOBAL REWARDS
  • FINANCIAL BENEFITS
  • HEALTH & WELLBEING
  • DIVERSITY & INCLUSION

140,000 with long-term sickness could drop out of work this year – research

by Benefits Expert
23/01/2023
Share on LinkedInShare on Twitter

Economic inactivity caused by long-term sickness could increase by a further 140,000 by the end of 2023, according to Broadstone.

The number of people leaving the workforce due to long-term illness increased by 5 per cent in the 12 months ending in October 2022, according to an analysis of government data from Broadstone.

If this rate holds up until December 2023, it could result in 140,000 more people becoming economically inactive due to long-term illnesses, bringing the total to 2.6 million.

Around 70,000 more people would leave the workforce, according to even the most optimistic prediction based on a halving of the growth rate.

If the present 18 per cent annual growth rate continues, the 7.19 million-person NHS waiting list could increase by another 1.2 million people and reach 8.4 million by the end of 2023.

RELATED POSTS

older pension savers, drop, funds, retirement

DC contributions continue falling despite £39bn employer investment

AI

AI in use by half of HR workers, study shows

Broadstone head of health & protection says Brett Hill: “The NHS crisis looks set to be the story of 2023. Emergency treatment is incredibly strained, waiting lists have soared past 7 million and access to GPs is diminishing.

“The strain in the NHS and its knock-on impact on employment indicates precisely why it is so pivotal that businesses proactively take steps to help their employees. Private healthcare and dental options for staff will be increasingly important as it becomes harder to access treatment. Without investing in these benefits, businesses face a growing retention problem as staff exit the workforce because of un-treated illnesses and injuries.”

Next Post
Diversity agenda not reaching young workers

Diversity agenda not reaching young workers

declines, IFS, pension provider, state pension age

Pressure on pensions as retirement resilience declines

Guide to DC Pensions 2023



CLICK TO REQUEST A FREE COPY

OPINION

employment, Emma OConnor, holiday requests

The rise of AI use – considerations for employers and HR?

Paul Beare

Paul Beare: Embracing flexible working post-Covid

Rob Woodward BDO

Rob Woodward: Agency workers and legislation targeting umbrella companies

Clare Worgan Sands

Clare Worgan: Supporting employees affected by baby loss

SUBSCRIBE

Benefits Expert

© 2023 Definite Article Limited. Design by Bedazzled Media Limited.

  • About
  • Advertise
  • Privacy Policy
  • Terms & Conditions
  • Contact

Follow Benefits Expert

No Result
View All Result
  • News
  • In depth
  • Profile
  • Pensions
  • Global rewards
  • Financial benefits
  • Health & wellbeing
  • Diversity & Inclusion