The pandemic has taken a toll on every aspect of life. Lives were affected across the globe. Mass layoffs, sudden deaths, confused employees, mass resignations! The pandemic has shut down many doors and opened many opportunities for employees. Unlike the regular office setup, the workplace shifted to a different place. As the world is coming to terms with the post-pandemic world, the new normal, how can an employer or a company offer health benefits to improve employee morale? Does offering health benefits make a difference? Let’s find out!
More than ever, employees are uncertain about their current job, and the latest health scare has made everyone rethink their life choices. The corporate world has hit new lows, and at the same time, it also helped companies to see employee morale in a new light. Hence, many companies are now offering different kinds of health benefits. Many companies are now offering various methods of healthcare options for their employees. A few of the healthcare options that are beneficial for both the employee and the company are:
- Health card
- Health insurance
- In-built gym for the office
- Separate room for a nap room
- Offering dental care programs
- Offering free general checkups
- Conducting Wellness programs
- Conducting Medical health camps
- Company discounts for hospital visits
Health benefits Employee morale
Health benefits help the employee to lead a safe financial life! Any employee with a stable paycheck would seldom like to change their current job or shift to a new company. Few studies have shown that employees with no health care benefits are more likely to change the company within two years after joining!
Employee morale not only gives a renewed boost to their performance, but it also helps them collaborate and gives them a renewed sense of job security. Satisfied employees are a great asset to any company or workplace.
Let’s understand more about how companies or employers can provide health benefits to their employees and how it can improve employees’ work environment!
Here are 7 benefits of improving employee morale:
1. Building Trust
An employee trusts the company/employer with their job benefits. Post-pandemic, everyone is aware of the consequences of poor health, and everyone is willing to go the extra mile to secure their present/future. Many companies have started free vaccine drives, health camps, etc. If an employee knows that their company gives them added health benefits which would otherwise cost a ton of money, the sense of building trust is higher among the employees, and it helps both the employee and the company in the long run.
2. Future Security
Most employees are now opting for lifetime health insurance or accident coverage. Many companies now offer these benefits at the time of joining! These health benefits are not only confined only to the employee but also applicable to their family members in some cases. Any employee wants a stable income with assurance for their future. Health benefits give employees a sense of security for their future. It also helps the company attract many new employees. Employees with assured future security will have better retention and excel at their workplace.
3. Increased retention
Post-pandemic is the new normal. Everyone is concerned about their health more than ever. Employees with poor pay and stressful jobs are now resigning in mass numbers to look for better opportunities. It is the same everywhere! An employee’s increased retention comes with building trust and having future security. Companies can have increased retention when they look after their employee’s health benefits and offer them additional health perks as a method of appreciation.
4. Improved progress at work
An employee’s focus is predominantly dependent on their overall well-being and happiness. Employees with improved focus get along well with teammates and show excellent results likewise. An employee’s performance alone doesn’t determine a company’s progress. However, a well-maintained team spirit and improved effort improve a company’s growth! Teamwork builds/breaks a company. Give your company the benefit of helping your employees by giving them unique health benefits!
5. Personal well-being as a priority
Employees’ well-being is not entirely the company’s responsibility. An employee concerned about their well-being will often put their health first above everything! Personal well-being requires personal effort and discipline. Employees who take extra time for their well-being are healthy, well-focused and disciplined. The same translates into the workplace by improving their progress and growth which helps the company likewise.
6. Improved health leads to fewer sick leaves
Improved health means fewer sick leaves. Employees’ health is a key factor determining their work ethics, and progress, likewise the company’s progress. If you want to have a full force at the workplace, you should likely hire healthy employees or give your existing employees health benefits to help them focus on their health care by giving them additional healthcare benefits!
7. Healthy employees = Productive employees
Healthy employees are productive employees! Productive employees are a great asset to the company! If you are an employer, looking to hire healthy and productive employees, focus on highlighting the health benefits the employee would receive in the future! It not only attracts a lot of good candidates but also improves retention and helps the employee build trust in the company.
Health benefits improve the company and the employee!
Here at Manayu, we offer unique health card-based services that help you and your company employees. Join us to build a healthy community and a healthy company!
