3 Ways Employee Benefits Help the Workplace

By law, employee benefits in the Philippines come from contributions to SSS, Philhealth, and?PAG-IBIG fund in addition to set work days and leaves. This is not just a matter of taxes or making a company profile look more appealing. Employee benefits are a way to help employees do their best work. Other benefits that companies could offer range from mental health programs, health and dental support, or even special leaves such as emergency or bereavement leaves.?

Here are ways that employee benefits help the workplace:

1. Job Satisfaction

Good benefits improve on workplace morale, which help employees feel more valued and taken care of. Happier workers, it’s been found, are more productive and contribute more to the workplace.?

2.?????????????Attracts Talent

Good word on good work gets out. As a company grows, naturally they would want the best to work for them, and benefits are a great way to attract fresh new talent.?

3.?????????????Improved Wellbeing

The last few years have taught us the real value of a healthy employee, both physically and emotionally. Investing in additional benefits for health is also encouraging overall well-being, which improves worker confidence and overall wellbeing towards the company.

As Tim Allen, CEO of Care.com wrote for the Harvard Business Review, “Without care there is no work.” That’s something to keep in mind.?

Generali has a wide range of products that can be customized to your workplace needs, whether you’re with a big company or are a single entrepreneur or with an MSME. Best of all, payments are accommodating, with easy payment channels such as Bank partners (Security Bank, UnionBank, BDO and BPI) and mobile wallets like GCash. Send us a message via LinkedIn or on our website for more details.

Sources:

HBR: The Pandemic is Changing Employee Benefits https://hbr.org/2021/04/the-pandemic-is-changing-employee-benefits

CAR DOLE: Government Mandated Employee Benefits https://car.dole.gov.ph/news/government-mandated-employee-benefits/