Not every business will factor in employee pet ownership as a priority in their line items. However, if you own a pet store, a veterinary clinic, a kennel, or a pet daycare, then offering pet insurance as part of employee benefit packages will fit right into your brand and business model. Here, we’ll talk about why you may want to offer some type of pet benefit to your employees.
Stress takes a significant toll on your general well-being, which, of course, negatively impacts every area of your life. Job stress, financial stress, and the stress of taking care of other living things can easily translate to worse job outcomes. While pets are well-known for aiding in stress relief for their owners, it is hard to face uncertainty about how to care for them if they get hurt.
Employers that offer pet insurance policies take this burden off their employees, which can aid them in engaging with their work more enthusiastically. Employees that have valuable relationships outside of work (with other people, dogs, birds, turtles, anyone) are better equipped to face challenges at work with a positive attitude.
Turnover is one of the biggest money-sinks that a business has to deal with, so we’re always looking for ways to find and retain employees. Interestingly, encouraging pet ownership for employees might help you in this area. People who own pets are more likely to feel content and settled in their current environment. The knowledge that they need to keep up consistent care for an animal is an incentive to keep a steady job. By offering pet insurance, you’re sending the message that you want your team to feel comfortable where they’re at, which is working at your business!
Leading the Pack
Did you know that only about 10% of employers offer a pet insurance voluntary benefit? In the vast ocean of the job market, your business must set itself apart from the rest. With a pet benefits plan, you will attract a pool of responsible, compassionate, team-minded candidates for any position that you need to fill. Even after the hiring process is over, your business will be unique in its ability to demonstrate genuine care for those that work hard to keep the business afloat.
Get Your Voluntary and Supplemental Insurance Policies with the MWE Partnership!
Are you a business looking to provide your employees with essential voluntary benefits? If so, look no further than The MWE Partnership. When you choose The MWE Partnership, you get experienced service and comprehensive voluntary benefit options that will meet the needs of all your employees. With over 17 years of experience, The MWE Partnerships is your one-stop-shop for all your supplemental benefit needs. If you are interested in finding out how The MWE Partnership can help your business, then contact us today! Also, be sure to like our Facebook page and follow us on Twitter and LinkedIn for all the latest voluntary benefit news!