Do you offer Pension or Provident Fund benefits to your staff? If so, do you understand the costs associated with it? For example, are commission fees built into the contributions?
Are adequate retirement savings being credited to the members’ fund credit on a monthly basis?
When last did you compare the benefits offered in your fund to what you could potentially get for the same value?
According to research done by Productivity SA, companies that demonstrate that they take care of their employees’ well-being increases employee productivity. The more productive your employees, the more successful you’ll be as a business. Highly engaged teams are 21% more productive and have 28% less internal theft than those with low engagement.
Engaged employees are innovative and always have an idea or two about what they can do better. Their quality of being collaborative and enthusiastic towards work, allows them to complete their workplace goals more effectively; which leads to increased workplace productivity.
It makes financial sense to review your employee benefit offerings to ensure you have engaged and productive staff.
Master Builders KwaZulu-Natal are the administrators of the KwaZulu-Natal Retirement and Provident Funds. The benefits contained in the funds that we administer have been recently enhanced at NO ADDITIONAL COST to the member.
Contact us today to do a comparison of what we can offer you for the same value that you are contributing to your current fund.
Secure your retirement today, you will thank yourself in the future!
Vishane Pramrajh | Employee Benefits Manager
Sources:
https://productivitysa.co.za/
https://engagedly.com/impact-of-employee-engagement-on-productivity/
