understanding financial jargon
Employee Protection Benefits
Employee protection benefits are benfits offered to employees as part of a remuneration package.Employee protection benefits can include:
- group life assurance
- group critical illness protection
- group private medical insurance
- group income protection
Providing employees with a valuable remuneration package will assist a business in retaining high quality staff as well as attracting new candidates. An employee protection benefits package will also remove the moral dilemma for the employer regarding how much the business can financially support employees and their families in the event of an illness or death.
What to do if you need more help
If you need more help with your specific commercial loan, mortgage or insurance requirement please speak to a professional financial adviser.
We hope you found this information useful.
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