What are some of the "Return" benefits to you as the employer?
Loyalty, morale and productivityCreate a more effective workforce, that is more committed and enjoys being there. Employees with high morale and engagement display significantly less absenteeism- increasing the bottom line.
A Powerful Salary Negotiation ToolCorporate benefits can be a cost effective way to create an attractive package for an employee. It's also a great way to show you care about them more than your competitors!
Support In Times Of Tragedy |
Effective recruitment and retentionRetention of staff is much more cost effective than recruiting to replace. It costs somewhere between 25% and 150% of the average employees salary to replace them. Corporate benefits is a great way to attract and retain skilled staff.
Minimised Sick Leave LiabilityIt's been calculated that the cost to you of staff absenteeism could be 9% of payroll, where replacement labour and loss of of productivity costs are added to absence benefits that are paid*. A workplace income protection plan can help with unexpected illnesses and and injury, and may help get your staff back to work more quickly. A great tool to support productivity.
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When an employee suffers a major injury, accident or even death it can cause a terrible setback for them and their family. Corporate benefits can provide vital financial support in times of need. It also sends a powerful message to your employees.
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If you would like to know more about providing these benefits within your business, click here to email us or call us on the numbers listed below.
*Mercer's 2010 Australasian Absence Management Survey Thanks to Sovereign Assurance Company Limited for content on Corporate benefits. |