Because the chief of a staffing firm, you’re all the time on the lookout for methods to draw a extra expert and dependable workforce. Right here’s one which few managers find out about to the detriment of their corporations and their groups: the Inhabitants Well being Incentive Plan (PHIP).
Mainly, PHIPs incentivize your staff to take cost of their well being with additional pay for performing optimistic well being actions (equivalent to counseling with a devoted firm physician, filling their prescriptions, participating in preventative care, and so on.). The objective of this system is to enhance well being outcomes by eliminating price as a barrier to care: Major care physician and nurse staff, prescriptions and wellness coaching are all limitless utilization with zero co-pays. There isn’t a cause to not interact and enhance one’s well being.
As well as, you’ll enhance efficiency in your underlying well being plan as claims are shifted away and to the PHIP. There’s additionally embedded packages to comprise employee’s comp claims and mitigate worker misconduct points. And leaving one of the best for final, there’s roughly $1000 per worker in FICA financial savings or your organization!
With these nice advantages and price financial savings, how can this make your staffing firm actually stand out? Simple. Listed below are 5 incentives that matter to your staff:
Further money for staying wholesome. Think about your staff incomes more money for taking care of themselves. It’s like a bonus for staying match and properly.
Like a caring household. Make your office really feel like a heat, pleasant household. Present you care about your staff’s well-being, and everybody feels proper at house.
Stand out as an incredible place to work. Be the corporate everybody needs to affix. If you provide PHIPs, you’re saying, “We’re not simply any office — we’re a tight-knit group that appears out for one another.”
Supporting their complete crew. Lots of the PHIP advantages prolong to your staff’ households too. Assist them hold their family members pleased and wholesome by supporting their well-being.
Financial savings for everybody. When your staff stays more healthy, it’s a win-win. They take pleasure in life extra, and also you save on healthcare prices. Extra money in everybody’s pockets!
In abstract, PHIPs assist your staff earn extra, create a pleasant and supportive ambiance, appeal to high expertise, deal with their households and lower your expenses. In case your agency doesn’t already provide a PHIP, I encourage you to study extra about how these plans could make your agency stand out and make it easier to retain your workers.