Legislating to increase engagement
Morag Livingston, head of group risk and wellbeing shares her thoughts on the impact of Insurance Premium Tax (IPT) rises may be having on benefits as its discussed whether some of the latest Government legislative measures run the risk of reducing, rather than increasing engagement.
“IPT has doubled in the last two years, making it a major investment for any business looking to offer insurance benefits.
For some employers, the increasing cost of private medical insurance, dental cover and cash plans may even force them to stop offering these much sought-after benefits altogether. Going against the entire theme of employee wellbeing and engagement.”
Morag’s view is just one of many featured in the Employee Engagement & Benefits supplement in the Financial Times which discusses employee engagement and benefits.
The article can be read in full on page 4.