Every year on World Health Day, we are reminded of the importance of health and well-being - not just for individuals but for workplaces too. Employers who prioritise employee health stand out. Offering health plans as part of a remuneration package is no longer just a perk; it’s a strategic move that enhances attraction, retention, and overall employer appeal.
Let’s explore why providing health benefits is a smart investment and how it can set businesses apart in the war for talent.
Candidates today are looking for more than just a paycheck, they want security, support, and a company that cares. A strong healthcare package can be a deciding factor for top talent when choosing between employers.
Fact: Studies show that job seekers actively consider healthcare benefits when evaluating job offers. If your company isn’t offering them, you might be losing out on top candidates!
Recruitment is expensive, but retention is even more crucial. Employees who feel valued and supported are far more likely to stay long-term.
Did you know? Companies that offer health and wellness benefits see higher retention rates and increased employee loyalty.
Your employer brand is your company’s reputation as a place to work and having health plans in place makes a huge impact. Candidates and employees want to work for a company that:
Incorporating mental health support, wellness initiatives, and flexible healthcare options into your benefits package will make your company stand out. In a world where work-life balance is a growing priority, offering comprehensive health benefits positions your business as a leader in employee well-being.
This World Health Day, it’s time for employers to recognise the value of investing in employee health. A well-designed health plan:
If your company isn’t offering health plans as part of its remuneration package, now is the time to reconsider. By prioritising health and well-being, you’re not just supporting your employees, you’re building a stronger, happier, and more successful workforce.