How can preventative benefits boost employee wellness?

Employers are increasingly focusing on bolstering employee health and wellbeing; this is not a surprise, especially when considering its far-reaching benefits for staff engagement and productivity. While group medical insurance remains a central part of employee benefits packages, the pendulum is swinging towards employee wellness with a strong emphasis on preventative benefits. Today’s Pacific Prime …

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Tackling presenteeism at the workplace with employee benefits

The cost of absenteeism is widely known. In fact, unscheduled absenteeism can conservatively cost businesses USD 2,650 for every salaried employee per year. It’s the more camouflaged counterpart, however, that is harder to quantify. According to CIPD research, presenteeism costs twice that of absenteeism. Now, you might be asking, “But what exactly is presenteeism?”, and, …

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What should employees do when companies cut healthcare benefits?

With skyrocketing medical costs, employers nowadays are getting more concerned over their insurance budgets, especially within companies which offer more lush insurance plans that include dependent benefits, as well as dental and vision coverage. While companies strive to retain top talent and increase employee engagement with the right mix of benefits, we at Pacific Prime …

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Five tips to innovate your company’s employee benefits

As an insurance brokerage, we here at Pacific Prime have seen all forms of new and innovative employee benefits. Sometimes these perks are oftentimes so creative that office ping-pong tables or birthday leave seem to pale in comparison. Examples include work anniversary gifts, botox leave, protest training, pawternity leave, and even a dating subsidy. Unique …

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