"Q I manage an engineering company in the north-west, with a staff of about 50. Recruitment and retention are key issues, because staff are constantly being poached, and are then difficult to replace."
"We had a brainstorming session on this before Christmas and one idea that emerged strongly was that my company should provide health insurance as a perk."
An engineering company in the north-west employs about 50 staff. Recruitment and retention are major issues because employees are frequently poached and difficult to replace. A recent brainstorming session identified employer-funded health insurance as a potential perk to improve retention and recruitment. The proposal frames health insurance as a differentiator that could make roles more attractive in a competitive local labour market. Considerations include cost, administration, eligibility, perceived value to staff, and alternative benefits. Evaluating the financial impact and employee preferences will determine whether health insurance delivers sufficient return in reduced turnover and easier hiring.
Read at Independent
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