Simply offering a great employee benefits package isn’t enough to promote well-being and financial security amongst employees.
Employee benefits packages – particularly those that offer financial security, such as private medical insurance or income protection – are proven to have a positive impact on employee attitudes thus greatly improving staff retention
However, research carried out for benefits provider Unum clearly shows that organisations need to communicate these benefits effectively in order to see a meaningful impact on staff satisfaction and loyalty.1
Cass Business School and Warwick Business School suggest that “offering benefits but not making your staff aware of them is no better than not offering these benefits at all.”2
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