Marsh: Aviation and aerospace employee benefits programmes key differentiator in fierce labour market

According to Marsh, a global insurance broker and risk management consultancy, there is a growing trend towards aviation and aerospace companies providing more sophisticated employee benefits packages in a bid to attract and retain global talent, amid an increasingly competitive labour market. Between 2015 and 2034, it is estimated that an additional 558,000 commercial airline pilots and 609,000 commercial airline maintenance technicians will be required, as airlines add 38,000 airplanes to the global fleet (source: Boeing’s 2015 Pilot and Technician Outlook). Coverage for personal accident, emergency medical expenses, loss of licence and term life insurance are now among the major