employee benefits Archives

You are not too small to look after your staff

By Staff Writer

Ensuring your employees have access to an appropriate healthcare solution is another important component of caring for your staff.

24 Feb 2022

Health Insurance is proving to be an invaluable and affordable employee benefit solution

By Staff Writer

Offering health insurance as an employee benefit is generally one of the most effective steps you can take to attract, retain and reward talent.

23 Feb 2022

Momentum is setting the employee benefits industry straight

By Staff Writer

Momentum Corporate has launched a new website that explains these benefits in a way that is easy for any employee to understand.

06 Dec 2021

Sanlam and Alexander Forbes conclude agreements on individual client and large retirement fund administration businesses

By Staff Writer

Sanlam concludes agreements on individual client administration and large retirement fund administration transactions with Alexander Forbes.

30 Nov 2021

Alexander Forbes to acquire EBS International

By Staff Writer

The acquisition of EBS will diversify and enhance the administration capabilities of Alexander Forbes.

26 Oct 2021

Understanding your group benefits

By Staff Writer

Your group benefits package provided by your employer can provide a range of products and services, which can safeguard both your financial, physical and emotional well-being. However, not all benefits packages are equal.

22 Oct 2021

Group life cover key in safeguarding employee financial security

By Staff Writer

Life cover provides financial protection to employees and their families. Its importance cannot be overemphasised in guaranteeing security for loved ones in the unfortunate event of death. Covid-19 has shown us just how possible loss of life is and can affect anyone at any time.

08 Oct 2021

Will insurers and reinsurers ask for employees’ vaccination profiles at EB renewals?

By Staff Writer

With death claims soaring in the wake of the Covid-19 pandemic, employer and fund schemes offering employee benefits (EB) have not escaped unscathed and this is likely to affect pricing at renewal. That’s according to Francois Schaap, Managing Executive, Guardrisk Life.

27 Sep 2021

'Artificial resignations' are not legal

By Staff Writer

Momentum Corporate’s multi-employer umbrella fund, FundsAtWork, is receiving requests from participating employers to allow members to resign “artificially” to get access to their retirement savings. Employers then reinstate the employee once they’ve obtained access to their savings.

16 Aug 2021

Financial security now available for small business employees

By Staff Writer

Simply Staff Cover gives employers a simple, cost-effective way of addressing their employees’ financial security concerns in the midst of the Covid-19 pandemic. This globally unique product has over 1000 businesses in South Africa already signed up.

11 Aug 2021

COVID-19 sees rise in claims for mental health conditions

By Staff Writer

The Covid-19 pandemic has increased the number of mental health issues experienced by employees at many large South African corporates, according to Alexander Forbes Health Management Solutions. Their data shows that 60% of companies experienced an increase in disability claims for mental and behavioural medical conditions.

26 Jul 2021

Are employees and employers on the same page around new work models?

By Staff Writer

An area where there appears to be a potential disconnect between employers and employees is the matter of the work model of the future. Research shows that around 50% of organisations surveyed are planning for their employees to return to their worksites, and 5% plan for their employees to continue working from home, while 44% plan to adopt a hybrid model.