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.
Our research shows that an effective program comes with a return on investment in terms of presenteeism, absenteeism, effect recruitment of key employees and the consequential cost of turnover.
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.
To ensure you and your employees feel confident about the investment, here are four questions to ask yourself as you continue to promote health insurance.
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.
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?"
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?"
This year, the request from the industry was for a 3.52 per cent rise, but the final government-approved increase came in at just 2.92 per cent. The increase will go into effect on April 1, 2020.
