'One in five' UK businesses lack expertise to manage absence

The survey of 423 financial decision-makers found that those working for medium sized businesses (50-249 employees) were more than twice as likely (29%) to admit they do not have the right skills to manager employee ill-health effectively, compared to 14% of larger firms and 22% of small businesses. Just 15% said they provide group income protection (GIP) policies, with larger firms nearly twice as likely to do so compared to medium-sized companies (43% vs 23%), while just 8% of smaller enterprises (less than 50 employees) offer GIP. When asked how much they thought GIP would cost as ...