An important incentive for employees

It may seem very odd that a company would consider giving staff additional benefits given the current economic climate, however our experience suggests you should consider a Cash Plan now.

Most companies are facing the same dilemma coming up to an annual pay review, that being they want to give something but can’t really afford the normal 3-4% increase in salary.

Having spoken with clients we believe we have found an ideal solution which overcomes that issue and more importantly it won’t cost you the earth, moreover it could actually improve your bottom line.

Cash Plans have been around for years but we are seeing a big surge in the number of companies buying into them. Why ? They are cheap, they provide benefits which are valued by your employees and from a business prospective they will assist in reducing absenteeism.

So what’s the cost ?

Let’s assume you have 10 staff with average salary of £12,000 giving a gross annual payroll of £120,000
If you were to add 4% to the payroll that would be an additional £4,800 per annum, 2% would be an additional £2,400 and just 1% £1,200.

You may be interested to know that we could provide your staff with a Cash Plan for less than “half a percent of your payroll”, total cost of a Cash Plan £520 per annum 9 (based upon 10 staff).

Dental Care – filings, checks ups etc - £45 per year
Optical Care- glasses, eye sight tests - £45 per year
Therapies – Physiotherapy, Acupuncture, Osteopathy, Chiropractic - £200 per year
Consultations - £200
MRI, CT & PET scans – following referral from a consultant
24 hour stress line & face To Face Counselling
Here are FIVE good reasons to introduce a cash plan to your staff:

1. The credit crunch is affecting everyone, therefore covering dental & optical costs will assist employees.
2. The plan is designed to get employees seen quickly and aid a return to work
3. Claim back more than the premium on Dental & Optical alone.
4. No underwriting – claim from day 1 on most benefits.
5. 24 hour stress line including legal & financial issues and in some cases face to face counselling as part of the plan.

For schemes over 40 staff we are able to bespoke the policy to meet you specific needs. So the time has never been better to introduce a Cash Plan, staff will use it, value it and see some reward.

For further information e-mail us at sales@healthwisegroup.co.uk or call on 01384 456-345