ICAP conducts review of sickness absence

Interdealer money broker ICAP conducted a major review of its sickness absence strategy three years ago, involving an analysis of its absence data with Bluefin Corporate Consulting. The review led to the introduction of an occupational health scheme.

The firm, which has 1,600 UK staff, aimed to target absence related to musculoskeletal issues.

Simon Hemmings, head of compensation and benefits at ICAP, says the scheme is an intervention exercise. “We introduced it to engage staff a lot earlier than we used to.”

Occupational health acts as a point of first contact for ICAP’s other health and wellbeing services. “We have a lot of services, but staff did not always know which one to use, whether they needed treatment, a bit of counselling first, or a workplace assessment,” says Hemmings.

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