What Should Employers Be Doing During The Cost of Living Crisis?
It’s difficult to avoid the fact that there’s a cost-of-living crisis in the UK right now. And it appears that this will not only be the case in the short term. It’s likely that it will last for a sustained period.
As an employer, it is hard to know what you should be doing for your employees and when. However, it’s important for the morale of your workforce that you do something because, according to various recent studies, nearly ¾ of employees have said that they believe their employer has a social responsibility to them.
Plan Insurance can accommodate your Business’s Commercial Insurance needs. Just fill in our short call back form, and our professional brokers will be in contact to arrange your insurance.
How does protecting your business have a positive impact on your employees?
One thing you can do in the short term is to reduce your costs and protect your bottom line. This will allow you to free up short and medium-term capital. This can then be used in other areas of your business. You can also partner with an insurance broker that provides additional products and services, such as HR and H&S assistance which can further reduce outgoings and give you the tools and expertise necessary to keep ahead of the curve in protecting your business for the future.
It is also worth noting that concerns over job security can play a major part in an employee’s potential struggles with anxiety. Protecting your assets and reducing operating costs is a vital step that any business owner can take which has the knock-on effect of providing further job security for your workforce.
How can Plan Insurance Brokers assist you with your insurance arrangements?
At Plan Insurance, we understand the fundamental building blocks of a bespoke insurance programme which not only protects your assets but your bottom line and reputation too, underpinning the value that keeps businesses running smoothly.
We can provide you with a full, in-depth and impartial review of your existing insurance programme – ensuring that you are protected against the risks your business faces. With exclusive, and extremely competitive rates, we know we can save many businesses ££££’s by conducting such a review. If you have long-term relationships in place with your incumbent provider(s) we can also approach this with a ‘Stealth Market Review.’ This will ensure that your existing relationships remain unaffected. Confidentiality is key to this process and our goal is not to impede your progress but to hasten it.
What should you do next during the cost of living crisis?
For an impartial, confidential review of your insurance arrangements, contact us here today and our team will conduct a full review of your cover, allowing you to focus on other important areas of running your business.
