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
  • PODCAST
No Result
View All Result
Benefits Expert
  • NEWS
  • IN DEPTH
  • PROFILE
  • PENSIONS
  • GLOBAL REWARDS
  • FINANCIAL BENEFITS
  • HEALTH & WELLBEING
  • DIVERSITY & INCLUSION
  • PODCAST

EAPs top health benefits list for fourth year

by Kavitha Sivasubramaniam
31/08/2023
New EAPA chair named
Share on LinkedInShare on Twitter

Employee assistance programmes (EAPs) are the most common health benefits provided by employers for the fourth year in a row, new research has revealed.

A benefits and allowances survey by XpertHR found that EAPs and other counselling services are offered by more than eight in 10 (84%) UK organisations.

The figures also suggest that employers are recognising the need to tailor their resources for hybrid working, with more than half (53%) now offering digital wellbeing provisions. However, this is more widely available at larger organisations with 1,000-plus staff, where 71% of employers provide this compared to just 40% of smaller businesses with one to 249 employees.

According to the latest findings, three in 10 employers now have a financial wellbeing programme, designed to help employees make their money go further and reach their financial goals, as well as manage their debts.

The research showe that the third most common health benefit on offer is private medical insurance, offered by nearly two-thirds (64%), while healthcare cash plans have increased in popularity since 2022 and are now provided by one in three (34%) of employers.

Sheila Attwood, XpertHR senior content manager, data and HR insights, said: “Given the financial strains placed upon employees over the last 18 months, and how this is impacting upon their mental health, it’s unsurprising that employers are looking to dedicate significant mental health support to their employees. However, there is a shift from relying totally on EAPs to provide this mental support with the inclusion of finance specific benefits offering a solution that might address the root cause of many employees’ worries.

“Greater access to digital resources to support wellbeing highlights organisations’ continued commitment to flexible working arrangements, ensuring employees can access the support they need wherever they are. It’s often a lack of adaptability that hinders successful benefits packages. But by ensuring that a range of resources are available to meet all needs, and providing access in an easier way, employers can ensure their workforce can get the most out of the benefits on offer, and employers in return can create a healthier, happier, and productive workforce.”

Karl Bennett, chair of the EAPA UK and wellbeing director at Vivup, said: “It is hugely rewarding to see that employee assistance programmes continue to be the most common health-related benefit.

“Accessing mental health support via traditional routes such as a GP has become increasingly difficult over the past few years. This directly impacts employee absenteeism and presenteeism. Giving employees access to quality therapeutic support 24 hours of every day allows the early intervention that can reduce the long-term mental health effects on the employee and their families.

RELATED POSTS

Wealth, money, finance, safe, bank vault, investment

Employers trusted more than banks as financial wellbeing concerns mount

Alban Bytyqi, EMEA reward consultant, Ricoh Europe

Healthcare anxiety can derail global talent, employers warned

Encouragingly, EAP providers are increasingly offering not just reactive support with access to counselling for those employees who have reached a point of crisis/need, but also proactive services. These focus on supporting employees before an issue starts to impact them or their employer.

“This additional level will see the benefits EAPs provide being high on the C-suite agenda for the foreseeable future.”

 

Next Post
Standard Chartered

Standard Chartered boosts global parental leave benefits

equal pay

Equal pay law to be reinstated, government confirms

SUMMIT

BENEFITS UNBOXED PODCAST

Benefits Unboxed
Benefits Unboxed

The podcast from Benefits Expert, the title for HR, reward and benefits professionals.

Seasoned professionals examine the challenges and innovations in today’s employee benefits, reward and HR sector. Every episode, they will unbox a key issue and unpack what it really means for employers and how they can tackle it.

The regulars are Claire Churchard, editor of Benefits Expert; Carole Goldsmith, HR director at the Royal Horticultural Society, and Steve Herbert, consultant and rewards & benefits veteran.

The US DEI Rollback: What It Means for UK Employers
byBenefits Expert from Definite Article Media

The US retreat from diversity, equality and inclusion (DEI) is making waves far beyond the country's borders. In the wake of President Trump’s executive order abolishing DEI across federal government departments, global firms like Goldman Sachs and Accenture have rapidly dialled down their own efforts. 

The influence is being felt in the UK too. However, the UK operates under a different legal framework. It has stronger workplace protections and a government actively looking to enhance employee rights through its Make Work Pay agenda. But as US firms reposition their approach to DEI, UK subsidiaries could find themselves caught between conflicting priorities.

In the latest Benefits Unboxed podcast, co-hosts Claire Churchard, editor of Benefits Expert, Carole Goldsmith, HR director at the Royal Horticultural Society, and Steve Herbert, industry veteran and reward and benefits consultant, discuss how the US DEI rollback might impact UK businesses.

The US DEI Rollback: What It Means for UK Employers
The US DEI Rollback: What It Means for UK Employers
05/03/2025
Benefits Expert from Definite Article Media
Search Results placeholder

GUIDE TO CASH PLANS



CLICK TO REQUEST A FREE COPY

OPINION

Jo Werker, CEO, Boostworks

Six proactive ways HR can build a happier, healthier workplace

(Left) Simon Fowler, Adviserplus, Empowering People Group, (right) Rena Christou, Halborns

Top 10 employment law reforms every HR team needs to prepare for now

Steve Herbert, consultant, ambassador, reward, benefits, HR strategy

Trump blinks: another rollercoaster day for the world economy 

Karl Bennett, Perkbox Vivup, EAPA, chair-wellbeing, EAP

Perception gap? Employers need to consider their people not the latest trends

SUBSCRIBE

Benefits Expert

© 2024 Definite Article Limited. Design by 71 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