A cancer diagnosis could mean your employee needs to make changes to their job. This could be changes in working hours, a resignation or taking early retirement. Before they make these changes, they should seek expert advice.
Changes to their job can cause:
- a loss of income
- a change in the pension they are entitled to and payouts from insurance policies, including life, mortgage, income protection and critical illness
- a change in the state benefits they are entitled to – this can be a big source of new income for people affected by cancer and your employee may not think to apply for them.
The choices someone makes about their employment can affect what financial help they are entitled to. It will also impact their finances in the future. Before formally agreeing to any changes, make sure your employee has had expert advice about what might happen.