Employee benefits market still on the up - GRiD

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Only 16% of employers have failed to at least maintain the value of their employee benefits package through the recession, according to industry body Group Risk Development (GRiD).

While 84% of companies have maintained benefit levels over the past 12 months, the second annual employer research study found more than a third (37%) are even considering increasing their level of expenditure in the near future. The survey of 500 employers found 41% currently provide life cover, income protection or critical illness cover to their workforce, compared with 37% the same time in 2009. Katharine Moxham, spokesperson for GRiD said: "Often, when difficult trading conditions mean that salary increases are put on hold, the attractiveness of an employer's benefit package can ...

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