According to MarketWatch, the job market in Australia is currently on the rise since the start of the COVID-19 pandemic. That's great news for employers and prospective employees alike. If your company went through a round of layoffs and is ready to get back into the swing of hiring, you may like to take a look at the current benefits you have to offer.
Physical and mental wellness is essential for employees to perform at their best. Without the right resources and opportunities to rejuvenate their overall health, workers may have to take time off to get back to a good place. Or, they might feel obligated to work while feeling down, which could severely impact their productivity levels and overall satisfaction of life in the workplace.
Health insurance is one of the greatest benefits an employer can present to its employees. In fact, recent data collected by Sidekicker, in partnership with Seek, found that health insurance was one of the top 10 benefits that were labelled as most appealing to employees in Australia.
We are living in unprecedented times. The COVID-19 pandemic has shaken our modern world to its core; from creating the new normal of work-from-home policies to avoiding any public place besides the grocery store, today's living conditions are ones we never thought we'd be forced to see in our lifetime.
There may be periods in your life when working isn't possible. You could be forced to take an extended unpaid leave to care for an ill family member, or take maternity leave to care for a new baby. If your employer provides access to or subsidises private health cover for employees, you may wonder, "Is my corporate health insurance policy still valid if I'm not working?"
Every year, Australian health insurance rates can increase but 2020 will see the lowest average increase to premiums within the field in 19 years.
The past two decades have seen health cover premiums go up anywhere from 3.25% to 6.2% per year. This year, the request from the industry was for a 3.52% rise, but the final government-approved increase came in at just 2.92%. The increase will go into effect 1 April 2020.
Are you offering corporate health cover to your employees? As an employer, you may find that making a range of personalised health options a cornerstone of your employee benefit plan makes all the difference when attempting to attract and retain top talent. But how do you determine what to offer, and how can tailored business health insurance be achieved?
Does your employer routinely send you overseas for work? Are you wondering if your corporate health cover is designed to follow you out of Australia? This guide to corporate health insurance and corporate travel insurance can help you determine whether or not you may be covered for health care outside of the country, and what questions to ask your employer about your coverage.
Being able to provide your employees with corporate health insurance options can be a big selling point for your organisation. By offering perks like health cover, you can attract high-value, talented employees, and retain them, reducing the high cost of employee turnover and remaining competitive in your industry.
Planning a family is a pivotal moment in any couple's life, and one that requires serious forethought.
Among the factors you should be considering is how private health insurance can help the mother through pregnancy and beyond. In this article, we'll explore the role that a good plan can play in covering the costs of medical care, allowing you choice over your obstetrician and making life easier as the due date gets closer.
