Employee Incentives

Group Health, WIBA and other employee benefits.

How can employee incentives options help your business?

Most businesses grapple with keeping the best talent in their organization. Most employers have come to learn that money alone is not enough. The modern employee seeks both financial security and other added benefits. The benefits could include; Health Insurance and Retirement Plans. 

When you compare the value and cost of offering benefits and retaining staff to hiring and training new staff, you’ll see that it makes more business sense to provide employee incentives or benefits.

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Who is this product for?

Are you a business owner or HR manager who wants to offer your staff added benefits? You’ve come to the right place. Our employee incentives package will analyze the needs of your business ad recommend the best solutions per your business goals.

And by the way, our relationship doesn’t end once you purchase. We always walk with you and help you maximize on your benefits. If you need help sorting out a claim, we’re right there by your side; if a staff member gets injured while at work, we’re by your side to guide you through it all.

A Visualization of Risk and Solutions

Employee Benefits
Group Health Insurance
Risk Factor

One of the main factors in attracting and retaining good employees is the benefit program offered by employers. This typically starts with your group health insurance plan.

Solution

Regardless of the company’s financials, there are ways to make health insurance available to your employees and their dependents. Offering health insurance doesn’t have to break the bank. There are many solutions available to small, mid-size, and large employers.

Group Life Insurance
Risk Factor

When employees are worried about their financial situation, they may not be as productive. Many individuals today do not have life insurance or adequate savings to cover final expenses, which places additional stress on employees and/or their families when the need arises.

Solution

A group life insurance plan can put your employees’ minds at ease, knowing their family will have resources available when they need them. Policies can also include a dependent benefit to help the employee pay for expenses if their dependent passes. Another solution is to offer a voluntary life benefit whereby the employee pays a lower premium through payroll deduction than they would if they found coverage on their own. Group life insurance is also tax deductible.

Disability
Risk Factor

Many employers are faced with offering lower wages than their competitors and find it difficult to find and retain qualified workers.

Solution

Offering a short-term and/or a long-term disability program can provide prospective and current workers with another form of financial stability. An employee may be offered a higher wage elsewhere, but are they offered protection if that paycheck stops due to pregnancy, illness, or other disability? How will they pay the mortgage or other bills? Employers offering a disability plan can provide peace of mind to their employees and gain an advantage over those that don’t.

Group Dental Coverage
Risk Factor

Failure to have regular dental checkups can lead to more serious problems than a toothache.

Solution

Offering dental coverage to your employees can help encourage them to see a dentist on a regular basis. Gum disease has been linked to heart disease as well as diabetes. Catching these issues early not only helps your employees’ health, it may help reduce your long-term health insurance costs before a big claim hits!

Vision Care Coverage
Risk Factor

Similar to dental coverage, if your employees are not getting regular eye exams, they may have underlying medical conditions such as heart disease or diabetes that can surface later at a greater expense to your medical plan.

Solution

Offering vision care coverage is a very affordable component to offering health benefits. It’s an inexpensive portion of the benefit package with a high value of return and can help offset the impact of increased medical costs, becoming a cost-effective, early intervention tool.

Voluntary Coverage
Risk Factor

Not being able to meet an employee’s individual needs can pose a threat to worker retention and attracting new talent, both of which can be costly to your bottom line.

Solution

Offering voluntary coverage lets your employees choose benefits that are important to them. It’s a cost-effective way to provide a variety of benefits at little or no impact to your monthly premiums. Examples of voluntary coverage include:

  • Critical illness, hospital indemnity, and cancer coverage.
  • Life, dependent life, short-term, and long-term disability coverage.
  • Dental care.
  • Vision care.

Compliance Audits
Risk Factor

Compliance audits are increasing and Department of Labor fines can be costly. Do you have all of the documents and paperwork at your fingertips should you receive an audit letter?

Solution

A good benefits broker will educate you on the compliance pieces so that you are prepared for that dreaded day. A wrap document covers most of what is required and the remaining forms should be readily accessible with proof of distribution to employees and/or eligible participants.

What Employee Challenges Will You Solve?

With insurance as an option for employee incentives, what challenges would it solve?

High Employee Turnover

With these incentives, you can reduce the turnover of qualified employees. You also save on the expense of training and qualifying recruits all the time.

Employee Absenteeism

With these incentives, you can reduce the time employees spend out of the office catering to personal matters related to the health or the wellbeing of their families.

Employees Feeling unsupported

With these incentives, employees feel more secure and supported at the workplace. Some of these benefits touch on the most personal matters, such as health and bereavement.

Unhealthy Work-life Balance

The most productive employees in any organization have a healthy work-life balance. They are more motivated and more loyal.

Long Waiting Periods

If a new employee has a pre-existing condition such as cancer or diabetes, they are covered as soon as they join you and continue their treatment.

Be assured you're in safe hands. We have over 15 years of experience in the industry having won a multitude of awards from various insurance companies.

Employee Incentives

Medical Insurance

In general, Group Health Insurance is the first priority for employees and is the second largest expense for employers behind payroll. We’ll help you navigate the healthcare process so you can hire and retain top talent.

Work Injury Benefits ACT (WIBA) Insurance

Work Injury Benefits ACT (WIBA) Insurance covers employees injured on the job or in auto accidents while on business. It also covers work-related illnesses. We’ll work with you to find a solution that creates a safer and more productive workplace.

Group Life Insurance

Some employees may want coverage that goes beyond life insurance or workers compensation. They want to be covered in the event of an accident, on or off the job. We can provide that added financial protection.

Group Personal Accident Insurance

This policy covers your employees for accidental death and total disability, replacement of lost accident income during a temporary disability, medical expenses for 365 days a year, worldwide including as fare-paying passengers on any licensed form of public transport, including commercial aircraft.

Life and Accidental Death and Dismemberment Insurance

Some employees may want coverage that goes beyond Life Insurance or workers’ compensation. They want to be covered in the event of an accident, on or off the job. We can provide that added financial protection.

Long-Term Care Insurance (Critical Illness)

Offering Long-Term Care Insurance as a employee benefit can be an integral part of your strategy to recruit and retain the best talent, contain costs, and enhance employee productivity. We’ll guide you through the process.

Managed Medical Fund

Healthcare can get expensive. We can enhance your employee benefits package with a Flexible Spending Account that helps your employees save money on everyday healthcare expenses.

Total Employee Benefits Insurance

This is a benefit that combines WIBA, GPA, GLA and last expense. Managing various employee based policies may be challenging with cover the risk of coverage gaps and overlaps. This solution is cost-effective and administratively.

Disability Insurance

Disability Insurance protects your employees from a temporary loss of income and is a fundamental part of a quality employee benefits package. We’ll implement a plan structured just for you.

Pension Schemes

A well-designed and well-managed pension is a great way to attract and retain quality employees. We’ll help design a pension scheme that gives your business a competitive edge.

Funeral Expense

Disability Insurance protects your employees from a temporary loss of income and is a fundamental part of a quality employee benefits package. We’ll implement a plan structured just for you.

The Dawit Touch

Here is what we'll happen when you purchase our employee benefits

At Dawit Insurance Agency we go above and beyond to help ease your work. We’ll help you prepare an employee benefits handbook that can guide new and current employees on all available benefits.

We can also conduct training for existing employees to educate them of available benefits with your new purchase. All the value adds we do come to you at no extra cost.

Being there for you

We help you get your claims settled speadily and fairly

Life has some very unfortunate moments such as death. Death can be devastating for families both emotionally and financially. As an employer, such moments are an opportunity to be there for your employees. At Dawit, we’ll help you do so. The image showcases an email conversation between a client and Dawit.

Claiming

In the uneventful case where you need to claim, this is what happens

Dawit Insurance Agency

At Dawit Insurance Agency Limited, we ensure that the insurance carriers keep the promise to indemnify our clients. We have laid out efficient systems and processes that will be carried out as soon as notify us to ensure your claim is paid speedily and fairly. Our handbook will guide you on all benefits your employees are entitled to under our covers.

Your Orginization

Products such as Health Insurance are straightforward when an employee needs to claim. All you need to do is present the issued card at the hospital. For other products such as WIBA, we recommend you notify us as the risk is suffered. We’ll guide you on the best way forward and ensure you’re compliant with the requirements laid out by the government and the respective insurance company.

Be assured you're in safe hands. We have over 15 years of experience in the industry having won a multitude of awards from various insurance companies.

Let's start the conversation

Don't wait any longer to protect your business. Regardless of the size of your business or scale of operations, we can tailor-make a solution specific to your needs.

Learn more about this product

Our ultimate interest is to match the customer’s expectations to the underwriter’s reality and eventually become our clients’ “insurance department”. This is achieved through a dedicated and professional staff and partnerships with insurance companies.

We’d love to hear from you about your business. As you continue to grow and take your buisness to the next level, let us worry about mitigating your risks. You can reach out by calling, emailing or paying us a visit. You can also fill in the form and we’ll get back to you in a bit.

Utumishi Coop Building, Mamlaka Rd, Off Nyerere rd.
+254 712 856 447
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