How to Motivate Employees

Nowadays, in the job market, salary is no longer the main competitive advantage for employers. To attract and motivate employees, employers are looking for new ideas and constantly expanding their benefits package. The presence of a benefits package gradually becomes an integral part of the image of a successful and attractive company in the job market.

What is a benefits package?

A benefits package is a set of additional benefits that an employer offers to an employee, in addition to their salary. We can identify the following main areas of additional employee motivation:

• Payment for meals, transportation, and mobile communication;
• Courses and training;
• Rest and team-building activities;
• Organization of sports activities for employees, payment for gym memberships;
• Medical insurance and life insurance.

We are particularly pleased that with each passing year, more and more companies recognize the need for life and health insurance protection for their employees and include life insurance in their benefits packages. Let's discuss this in more detail today.

Microsoft offers:

several options for medical insurance, including the Health Savings Plan. This program allows employees to save money for medical expenses. Microsoft reimburses up to $1200 per year for physical and emotional fitness expenses. The company offers weight loss programs, free flu vaccinations, and biometric screening; each employee has a personal savings plan where the company offers a match of $0.50 for each dollar saved, up to the tax limit; financial consultations for building an investment portfolio and a 10% discount on company stock purchases.

Amazon

Here is a list of benefits offered in Amazon's employee package:

• Employees can choose from various options for medical insurance for themselves and their family members.
• Insurance coverage is provided for employees in case of accidents and temporary disability.
• There is a long-term savings plan program that includes various investment options to achieve financial prosperity in the future.

Facebook

Facebook offers the following social benefits:

medical insurance for employees and their families, including regular medical check-ups. programs for the treatment of cancer and autism, if needed; access to financial advisors who help create retirement savings plans, provide tax advice, and legal assistance.

Samsung

Samsung offers:

comprehensive medical benefits for all employees. Health assistance includes medical, ophthalmic, and dental services; insurance coverage for life and total or temporary disability; under the pension program, Samsung adds 100% of the first 3% of pension savings and 50% of the next 3% for employees of any level.

Social package in Ukraine

In recent years, Ukrainian companies have significantly expanded their social packages. This is not surprising since offering tea and coffee in the office no longer surprises anyone ;) In the fight for more qualified personnel, prestigious companies strive to provide competitive employment conditions, taking care not only of working conditions but also of the physical, emotional, professional, and spiritual development of employees. In terms of caring for the health of employees, until recently, Ukrainian companies mainly offered voluntary health insurance for employees. Today, employers offering life insurance and additional pension plans are more advantageous in the market.

The pandemic has also made its adjustments, and companies have started adding so-called "anti-COVID packages" to their social packages, which include compensation for PCR tests, insurance in case of COVID, compensation for treatment within specified amounts, provision of masks, and antiseptics.

Another trend in recent years has been wellness programs. These are programs that provide physical and spiritual development for employees, lectures on proper nutrition, proper approach to sports, and providing urgent assistance. All this and even more can be obtained by signing a corporate contract with TAS Life.

What do we offer?

At TAS Life, we understand the needs of the market, which is why we offer a wide range of programs to motivate employees for our corporate clients:

• Life insurance programs provide financial protection for employees in case of illness, injury, or loss of life.
• Health insurance programs for employees in case of complex and life-threatening illnesses, which include not only treatment in the best clinics in the world but also full support, and legal and psychological assistance.
• Additional pension programs.
• Wellness programs include lectures and workshops, team health improvement, physical and spiritual development, and stress reduction.

Currently, 493 companies have entrusted us with the insurance protection of their employees. The structure of our corporate portfolio is as follows:

• life insurance programs (risk insurance) - 69%;
• health insurance programs (TAS Likar) - 18%;
• pension programs - 8%;
• financial protection for Covid-19 - 3%;
• wellness programs - 3%.

Additionally, we have recently launched a new service for corporate clients called "Navigator". Through this service, all corporate clients have the opportunity to consult with TAS Life and receive recommendations for selecting clinics, doctors, and re-diagnosis for employees (or their relatives) in case of cancer diagnosis (detection of malignant tumors).

Therefore, we invite all responsible managers who care about their employees to cooperate with us. Our corporate insurance department will develop and propose the best insurance option for your company.😎👍