Are you a business owner and looking to reduce administration? 
Are you using spreadsheets and individuals’ knowledge to manage the daily tasks? 
Have you heard about benefit technology but finding it all a bit overwhelming? 
 
Let us guide you through the key steps to implementing technology for your employees without the headache. 
In an exciting development for the health and wellness industry, Wellbeing of Women announced the launch of its Employer Membership Programme, and Benefiz are proud to be one of their founding members. This innovative initiative aims to provide women with unparalleled access to support for issues such as menstrual health, infertility, miscarriage, gynaecological cancers and the menopause. The programme is designed to help employers navigate these issues confidently, develop policies and programmes of support that benefit the entire organisation. 
 
Who are Wellbeing of Women? 
Wellbeing of Women are a charity that aim to improve access to high-quality and accurate healthcare and information for women. They do this by funding research, running campaigns to raise awareness, and holding events and webinars to help educate women and employers. 
 
What inspired Benefiz to sign up to Wellbeing of Women? 
Retirement should be a time of relaxation, enjoyment, and financial security earned after a lifetime of hard work. However, for many women around the world, retirement doesn't promise the same level of security as it does for their male counterparts. The gender pension gap, a lesser-known issue than the gender pay gap, is a significant issue affecting women's financial futures. In this blog post, we'll delve into the causes and consequences of the gender pension gap and explore potential solutions to help women protect their financial futures.  
In the landscape of personal finance, debt can be a double-edged sword. While it can be a tool for achieving milestones like buying a home or funding education, excessive debt can lead to financial strain and insecurity. In the United Kingdom, the issue of personal debt has gained significant attention in recent years. In this blog we’ll discuss the scale of the problem, the impact on employees and how at Benefiz we help our clients support their employees. 
Understanding the Scale 
 
To comprehend the gravity of the situation, it's crucial to examine the numbers. According to the latest statistics, the level of personal debt in the UK remains substantial. The latest available figures as of June 2023, the average personal debt in the UK has reached £34,597 for adults, an increase of £1,187 since 2022. While this figure may fluctuate over time, it underscores a persistent challenge faced by many individuals and families across the nation. Step Change Debt Charity, a prominent player in the field, reported a staggering 620,000 contacts in the past year alone, extending assistance to over 180,000 individuals with comprehensive debt advice. According to Step Change, nearly a quarter of their clients attribute financial distress to the escalating cost of living. 
In an era where corporate responsibility plays an increasingly pivotal role, we decided to take a further step towards making a positive impact on the world by becoming a Certified B Corporation. This decision reflects our commitment to a higher standard of social and environmental performance, transparency, and accountability. 
We believe that success extends beyond financial gains and believe that we also have a responsibility to contribute to the well-being of both society and the planet. 
 
Read on to find out more.... 

What is Private Medical Insurance? 

PMI is a policy designed to meet some, or all, of the costs of private medical treatment for acute illness or injury on a short-term basis. It covers things like: 
• A private room at a hospital 
• Surgeons’ and other specialists’ fees 
• Outpatient treatment like physiotherapy 
• Day case treatment including surgical and diagnostic procedures. 
 
Since the outbreak of the pandemic, there has been a tremendous increase in pressure on the NHS. 
There are 7.77 million people waiting for NHS hospital treatment in England with nearly 3.29 million of these patients waiting over 18 weeks. In September 2019 before the pandemic began, those waiting more than 52 weeks for treatment stood at around 1,539 and is now nearly 254 times more at nearly 391,000. Source: NHS backlog data analysis (bma.org.uk). 
So there needs to be an alternative. PMI is bridging the gap and with NHS waiting times likely to remain high for a number of years, offering your employees this cover is fast becoming essential. Why… 
 
In today's rapidly changing business landscape, employee benefits technology has become an invaluable tool for organisations of all sizes. Whether you're a small start-up or an established enterprise, the digitisation of your employee benefits program offers numerous advantages. However, before delving into the realm of digital solutions, it's imperative to address some fundamental points: Why, Who, and What. In this blog post, we'll explore the key considerations for selecting the right employee benefits technology and understand why this is a critical step in maintaining competitiveness in the digital age. 
Our site uses cookies. For more information, see our cookie policy. Accept cookies and close
Reject cookies Manage settings