Health & wellbeing allowances
We all have different ways of looking after our health and wellbeing. For some people, it's a weekly yoga class, for others it's a Headspace subscription. Let your team choose what works best for them with a health & wellbeing allowance.
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What are Health and wellbeing allowances?
A health and wellbeing allowance is a budget given to employees that can be used on a variety of benefits that aim to improve their mental, physical, or financial wellbeing.
Some companies choose to offer this allowance as an annual allowance, whereas others might give employees a monthly budget — it's all about what works best for your team!
At Ben, we work with a bunch of leading health and wellbeing benefits providers to help you best support your team.
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Why should you offer health and wellbeing allowances?
Looking after employee health and wellbeing is pretty much a no brainer for companies. But here's exactly how it can help...
Benefits to your employees:
- Improved mental health and mood
- Improved fitness which often translates to higher motivation levels
- Happier employees due to feeling cared for and supported by you.
Benefits to you:
- More motivated employees!
- Improved employee retention. For example, a Wellness at Work Report found that 75% of workers are loyal to a business if they feel they are committed to their wellness.
- Great ROI! Did you know that good employee engagement are 22% more profitable than those without.
Join teams around the world getting 90%+ engagement with their benefits programmes
Get any benefit, in any country, and make it flexible, all without the painful admin. Budget-friendly. No hidden fees. No surprises.
FAQs
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