Group health insurance key strategy in “war for talent”

With the unemployment rate in Ireland currently sitting at 5% – down 10% from 2011 – competition to attract and retain employees is at an all-time high.

The resulting “war for talent” has seen an upsurge in workplace wellness initiatives aimed at helping employees achieve a better work life balance.

Hennelly Finance employee benefits specialist Ruth Hennelly said company health insurance schemes form the foundation of many employee benefits programs and help position organisations as an employer of choice.

“The challenge for employers is to secure the best deal on their corporate health insurance package to maintain their competitive edge,” she said.

“With creeping benefit-in-kind costs and hundreds of plans on the market, it can be difficult for businesses to manage this on their own.”

Hennelly Finance, a one-stop-shop for financial services including pensions, life cover, savings, investments, is recognised as one of Ireland’s leading health insurance advisors for its comprehensive understanding of the health insurance landscape.

The firm’s employee benefits specialists help organisations to compare the different health insurance packages available, customise plans specific to workforce profiles, review renewal options, achieve cost savings and create communication strategies for the workplace.

Hennelly Finance also offers a free, on-site health insurance advisory service to employees.

Even small businesses with one or two staff can establish an employee benefits program with a health insurance plan tailored to their needs.

To learn more about achieving the best value from your group health insurance scheme or to arrange a consultation with our employee benefits specialists, telephone 091 586 500, email info@hennellyfinance.ie or call in to our office at Aonad 3B, Tí Phuirséil, Bearna Gaillimh.