“I would like to provide employee benefits to our staff, but I just don’t think we can afford it”.
I’ve heard this so many times from so many business owners but offering the right benefit may jump-start your business’s growth.
If you give employees the benefits they value, they’ll be more satisfied, miss fewer workdays, be less likely to quit, and have higher commitment to meeting the company’s goals. And research shows that when employees are satisfied, they’re more productive.
And all of this suggests, more profit for your business.
So how can we help?
- We can design a benefit programme that is tailored to both your employee’s needs and your budget, a programme that can include life, permanent disablement, income protection and/or medical insurance. And once your employee benefit programme has been implemented, we carry out periodic reviews to make sure that it is competitive in terms of both benefits and cost.
- We can work with you to integrate KiwiSaver into your benefit programme.
- Medical (health) insurance is becoming a very “sought after” employee benefit and we can help you design and implement a cost-effective medical insurance plan for your employees. And once implemented, we will provide on-going monitoring of how the insurer handles your employee’s claims.
- The most important part of any employee benefit plan is communication. After all, the business will be meeting some or all of the cost, so it is important that your employees appreciate the value of your employee benefit plan. And that’s our job, to make sure that your employees understand the value to each of them. We do this by giving your employees on-going education, not only about your employee benefit plan, but helping them with their own individual financial planning needs.
But “first things first”, what type of employee benefit plan will suit your business budget and get the best reception from your employees?