Employers need to ensure that group risk benefits don’t exacerbate gender pay differences, says GRiD

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While controversy continues to surround the gender pay gap, and with 2018 salaries poised for review, Group Risk Development (GRiD), the industry body for the group risk protection sector, is urging employers to ensure that any group risk benefits they offer (employer-sponsored life assurance, income protection and critical illness protection products) don’t exacerbate any pay differences.

Posted inNews archiveon05 Dec 2017 The issue

The suite of group risk benefits generally offers financial pay-outs as a multiple or percentage of salary. Typically, group life benefits are paid as a lump sum, or as a survivor’s pension, group income protection benefits are

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