Free breakfasts are the past. Free healthcare is the future.

November 11, 2020

Free breakfasts. Gym memberships. Bean bags. Early finish Fridays. These types of employee benefits are a thing of the past.

Today, especially in the midst of a pandemic, employees expect more. They expect benefits that really benefit them. In fact, they join or leave companies based on the perks they’re offered.

This is especially true when it comes to health and wellbeing benefits. When you take care of your employees, your business benefits too. Big time. And here are 5 reasons why.

When you care, your people care.

Makes sense, right? And here are the facts to back this sentiment. 57% of people say that if employers proactively supported mental wellbeing, it would make them feel more loyal, be more productive and take less time off.¹

It’s not (always) about the money.

More than two-thirds of workers said they’d prefer additional benefits over a pay raise, citing healthcare (36%) first, followed by flexible work hours (35%) and annual holiday leave (34%).²

Healthy leaders inspire healthy employees.

Organisations whose leaders actively participated in health and wellbeing programmes reported higher rates of employee satisfaction (83%) and employee perception (85%) than organisations whose leaders didn’t actively participate.³

You’re not just an employer. You’re a safety net.

More than 40% of small business workers say they depend on their workplace benefits for financial security and agree their benefits positively impact their overall health.⁴

The best employees want the best care.

83% of employees say health insurance is very or extremely important in deciding whether to stay in or change jobs.⁵

Many businesses are facing hard challenges thanks to COVID-19. Now more than ever, it’s vital that they take care of the health and wellbeing of their employees.

So, there’s no better time to say farewell to free breakfasts and hello to better healthcare benefits.

If you’re looking for healthier employee perks, we can help you. At Babylon, we provide a digital healthcare service that’s always there for your workforce. We give your employees 24/7 access to video GP appointments and a range of digital health tools—right from their phones. So they can stay healthier and live better.

And when you take good care of your people, they take good care of your business.

To give your employees unlimited, 24/7 access to video doctor, physiotherapy, nurse and pharmacist appointments please get in touch with our team at Babylon employeebenefit@babylonhealth.com or visit www.babylonhealth.com/employees.