News & Info: Industry & General News

The role of Pension and Provident Fund Benefits in employee productivity

Monday, 03 May 2021   (0 Comments)
Posted by: Nkosikhona Mkhize

 

According to research done by Productivity SA, companies which demonstrate interest in their employees’ well-being have increased employee productivity. The more productive employees are, the more successful a business will be. Highly engaged teams are 21% more productive and have 28% less internal theft than those with low engagement. This leads to increased profitability.

The research further indicated that engaged employees are innovative and seek ideas to improve efficiency in the workplace. 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 employees, and most importantly to retain such high-quality employees.

Let us guide your company through this by understanding the benefits offered and the value it could add for you and your 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 are highly competitive and have been recently enhanced at NO ADDITIONAL COST.

Companies who are already on a Pension of Provident Fund can compare benefits offered in your fund to what you could potentially get for the same value.

Call us on 031 831 3217 or email benefits@masterbuilders.co.za to secure your retirement today!

Vishane Pramrajh | Employee Benefits Manager