Employers consider staff benefits to strengthen a company brand and help with staff retention, according to research by Busy Bees Benefits
New research by Busy Bees Benefits found that 65% of employers believe that offering additional employee benefits can strengthen their brand and help with staff retention. The research showed that employees are concerned about their future health care needs.
Additionally, 75% of employers sampled said that they do provide additional benefits to all staff. 54% of employers surveyed said that they have helped fund benefits within the workplace through pay roll deductions, either as a salary sacrifice or a voluntary purchase.
The research carried out by Busy Bees Benefits also looked at the link between people’s private spending on health and wellbeing protection against what they have access to within the workplace.
69% of employees surveyed said they were worried about their long term health and are concerned about what support will be available to them in the future from the state due to increases in the working age and the ever increasing demands on the national health. The main diseases and illnesses that caused the main areas of concern are: cancer, heart attack and strokes. However, our respondents were also concerned about dementia and Alzheimer’s.
Wojciech Dochan, managing director of Busy Bees Benefits, commented: “A clear message emerges from this research. With state support under pressure, employees across the UK want cost-effective support and access to protection that will plug the gaps in both public and private healthcare and provide extra financial wellbeing support at a time when they may be unable to work.