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Private medical insurance becomes most important employee benefit

Employee Benefits

Private medical insurance (PMI) has become the most important perk that employees look for in their benefits package, according to new research by Zest. They also ranked PMI ahead of benefits that could help them with the cost-of-living crisis, such as employer support for home energy costs (25%) and workplace savings schemes (21%).

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Top 7 Employee Benefits and Incentives

Employee Benefits

This article will delve into the most sought-after employee perks that today’s workforce is demanding, and the potential costs associated with them. Private Healthcare Given the increasing strain on the NHS, offering private health insurance to employees is bound to win favour.

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Digital healthcare… enhancing employee wellness at every age

Employee Benefits

One thing for sure is that getting employees the medical help they need more quickly is essential, and this is where a Virtual GP and digital healthcare platform comes into its own. Have you watched our podcast ‘Reducing absenteeism & helping employees stay healthy’? How do digital health platforms save businesses money?

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SSE accredited as living pension employer

Employee Benefits

Credit: Alasdair Jones / Shutterstock.com Scottish energy firm SSE has been accredited as a living pension employer to provide financial stability and security. The living pension savings target is 12% of a full-time employee earning a living wage salary , of which the employer pays in at least 7%.

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Tribunal orders Phoenix Healthcare and Rentacar 24/7 to pay unpaid wages

Employee Benefits

An employment tribunal has ruled that Phoenix Healthcare and Rentacar 24/7 must pay £2,912.19 Piekielniak began to receive pay slips from Rentacar 24/7 from October 2021 and was also enrolled into a pension scheme without consultation or information provided to him. The two businesses were ordered to pay Piekielniak £2,912.19

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Are we moving away from paternalism in employee benefits?

Employee Benefits

Gus Vickery, director, advisory at Gartner HR practice, explains: “This gave benefits professionals a sharper lens on the areas where employees need help and support. Alongside this, the range of employee benefits has expanded significantly over the last few years. appeared first on Employee Benefits.

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3 Reasons to Boost Your Employee Benefits Offerings in 2020

Achievers

“I don’t really care about my employee benefits,” said no employee ever. When it comes to employee benefits, if your business can offer it, employees want it. That’s the case for any employee benefit, from time off to healthcare to flexible work arrangements to workers’ comp insurance.