How Employers Can Use Income Protection as a Talent Retention Tool
At a glance:
Income Protection strengthens employee loyalty and financial security.
Coverage can be customised to match company culture and budget.
Employees are more likely to return to work faster after illness or injury.
It gives businesses a hiring advantage in competitive markets.
With today's competitive labour market, it is difficult for employers and small and medium-sized enterprises (SMEs) to retain and attract quality employees.
Career development and pay are crucial to keep employees, but offering other benefits like Income Protection Insurance can make a significant difference. Not only does this cover benefit the employees when they are ill or injured, but employers will also benefit from a more loyal and motivated workforce.
Today, let's look at how e...