Employee Wellbeing Insights
The Role of Corporate Health Insurance in Employee Retention
Retaining top talent is a priority for businesses striving for long-term success. While salary and career growth opportunities play significant roles, corporate health insurance is an often-overlooked yet essential factor in employee retention. Providing company medical insurance not only enhances job satisfaction but also strengthens loyalty, fostering a positive work environment.
Customising Health Insurance Plans for Diverse Workforces
The modern UK workforce is increasingly diverse, encompassing various ages, cultural backgrounds, and family structures. To cater to this diversity, employers must design private medical insurance (PMI) plans that address the unique needs of their employees. Customising health insurance plans not only enhances employee satisfaction but also fosters inclusivity and strengthens retention.
Half of dissatisfied workers say employers could be more active in wellbeing.
According to a survey conducted by Vitality Healthiest Workplace for the first quarter of 2024, 46% of dissatisfied employees felt their employer could do more for their health and wellbeing, while only 26% said they were happy with their wellbeing support.
The impact of Generation Z’s attitude towards employee benefits
This article explores whether Generation Z’s attitude towards employee benefits makes them
more likely to request better benefits or leave their jobs for better employment packages.
Why do companies offer health insurance benefits?
When starting or running a small business, it’s important to make sure you have the resources necessary to keep your employees safe and healthy.
This means that not only should you provide a safe and clean work environment but also make sure your employees have access to quality healthcare.