With the costs of living increasing and energy bills soaring, there is pressure on budgets everywhere and we know people are looking to keep expenses low where possible.
One way to reduce outgoings could be to cover staff absence yourself by paying for the cost of supply teachers from your budget. This obviously helps avoid paying for the cost of an insurance policy upfront, but does it really help in the long run?
As you consider protection against the cost of staff absence, it’s worth mentioning that although you have the option to self-manage and cover costs of supply teachers with provisions from your budget, the downside of this is that you could go over the agreed budget, particularly if a staff member experiences a long-term absence.
A policy with The Education Broker would provide you with access to our market leading Health and Wellbeing Hub, helping you with your duty of care to your staff by giving them access to the support they may need. Offering your staff this service, which includes 8 sessions of specialist counselling, medical, legal and financial information services and a 24-hour confidential helpline means that they will have ongoing and free support for themselves, whenever they need it, during the ongoing cost of living crisis.
To speak to us about how we could assist your school with managing your budget and offering your staff extra support, please call us on 0800 783 3500 or email info@theeducationbroker.co.uk to find out more.
The Education Broker
