Employee benefit programs act to assist organisations in attracting, nurturing and retaining top talent. Along with regulatory compliance, they help to ease salary cost pressures. The employee benefits landscape is ever changing and our network of expertise is ready to effectively engage in helping you build reward for you
The practice of good management is about identifying and solving problems before they ever arise. One of the common management issues that
we come across is dealing with employees becoming seriously ill or injured and having to be off work for an extended period.
The key for companies to manage this difficult event is planning. Those companies that have thought about the issue and developed a strategy are able to minimise business distraction and financial obligations.
An strategy that many employers are turning to is implementing their own salary continuance program. This is an insurance policy that covers all the staff and management against loss of income due to illness or injury. Because such programs are purchased on a group insurance basis they can be extremely cost effective with solutions available for around 1% of payroll.
Why employee benefits?
- Protect senior management, key people and your entire team
- Not just protection but an employee benefit for attracting and retaining talented staff
- Protect your payroll and balance sheet when staff are unable to work
- No medical underwriting required up to certain limits
Group Insurance includes: Group Salary Continuance (Income Protection) and Group Life & TPD
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