One essential benefit employers can offer to enhance the list of conveniences is free or reduced prices for employee health and welfare services. Employers do not offer this benefit because access to such services can be expensive. However, employers may now gain an advantage from offering these services to their employees as a benefit. Due to the increasing number of people who lack financial means, the price may be affordable for many.
Thus, free or reduced-price health and social services for employees may become a significant employee benefit and will become so in the near future. In this way, employers can be part of the solution and make a significant contribution to the social sphere (Wolterskluwer, 2020). Many employers must understand that providing free healthcare to employees and their families is integral to a comprehensive benefits program. This benefit will enable employees to receive the proper treatment without incurring additional costs, leading to improved health and increased productivity at work.
Furthermore, providing employees with free or reduced-cost health and social services provides several advantages to both the firm and the individual. Offering free or reduced products increases employee loyalty and trust in the organization. Second, they alleviate employee stress by offering personal access to health, social, and other services. Third, they help employees maintain their health and productivity at work.
Fourth, employees can save money on health and social services by receiving them at no cost or at a reduced rate. Fifth, firms may offer more competitive benefits to attract and keep exceptional workers by offering free or reduced pricing (Wolterskluwer, 2020). Sixth, they can assist employees in monitoring their health more carefully and promptly getting the therapy they require. Moreover, offering free or discounted employee health and welfare benefits boosts employees’ trust in the organization and enhances the company’s standing in the market.
Reference
Should You Offer Employees Health Care Benefits? (2020). Web.