Employee Engagement – Controlling health care costs over the next five years for businesses is crucial to maintaining employee morale and engagement. A quality, customized health insurance plan and benefit package allows small businesses to stay in line with the changing face of employee benefits and ensure that the productivity of their staff is not undermined by health care costs that spiral out of control. To put it concisely, better benefits equate to a higher level of employee engagement.
Job Satisfaction – Job satisfaction goes right in line with employee engagement, at least as far as health benefits are concerned. According to a recent study conducted by MetLife, over 75% of employees that consider themselves to have good benefits also reported a higher level of job satisfaction and more loyalty to the companies they work for. The study goes on to point out that employee-sponsored health benefits not only reduce the stress level of workers, but also increases their overall level or performance and productivity.
Less Absenteeism – In addition the employee engagement and higher job satisfaction, companies that offer excellent group benefits also experience less absenteeism in the workplace. One way this is achieved is through wellness plans and preventive care benefits. Preventive benefits cover things like immunizations and health screenings to ensure that your employees have access to treatments and services before they get sick. Wellness programs incentivize employees to stay healthy through programs that emphasize education, awareness, and encourage employees to take an active role in their personal health.