In today's competitive job market, retaining talented employees is critical for business success. A high turnover rate can be costly, impacting everything from productivity to morale. But did you know a well-designed health plan can be a powerful tool for employee retention?
The High Cost of Turnover
Studies show the cost of replacing an employee can reach up to 200% of their annual salary [Source: Society for Human Resource Management]. This includes factors like recruiting, onboarding, and lost productivity. High turnover can also damage your company culture and brand image.
The Retention Power of Health Benefits
Employees value a strong benefits package, and health insurance is a top priority. A 2023 survey by the Kaiser Family Foundation found that 92% of workers consider health insurance an essential job benefit [Source: Kaiser Family Foundation]. Offering a comprehensive and affordable health plan can significantly impact your ability to attract and retain top talent.
How Lambert Medical Practice Can Help
Lambert Medical Practice understands the importance of employee well-being. That's why we offer a variety of customisable health plans designed to meet the needs of businesses of all sizes. Here's how our plans can help you:
Reduced Costs: Our plans emphasise preventative care, which can help lower overall healthcare costs for both you and your employees.
Increased Productivity: Healthy employees miss fewer workdays and are generally more focused, leading to increased productivity.
Improved Morale: A strong benefits package demonstrates that you value your employees' well-being, boosting morale and fostering a positive work environment.
Enhanced Recruitment: Offering a competitive health plan can give you a significant edge in attracting top talent.
Next Steps:
Are you ready to invest in your employees' health and well-being? Contact Lambert Medical Practice today for a free consultation. We can help you design a health plan that fits your budget and helps you build a stronger, healthier team..