Pet health insurance as an employee benefit

Pet health insurance as an employee benefit, also known as perks or fringe benefits, are provided to employees over and above salaries and wages. These Pet health insurance as an employee benefit packages may include overtime, medical insurance, vacation, profit sharing, and retirement benefits, to name just a few.

Pet health insurance as an employee benefit cover the indirect pay of your workforce. This can be health insurance, stock options, or any myriad of things offered to employees.

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8 Advantages of Offering Employees Pet Insurance as an …

https://figopetinsurance.com/blog/8-advantages-offering-employees-pet-insurance-employee-benefit

Think of Pet Health as Employee Stress Relief. The answer is in the question. Companies offering pet insurance have seen a reduction in healthcare spending for employees with pets. The biggest reason is stress relief and better quality of life for owners with pets compared to those without. Pet and employee health go hand-in-hand.

Pet Insurance As An Employee Benefit – Nationwide

https://www.nationwide.com/lc/resources/small-business/articles/pet-insurance-as-an-employee-benefit

Think of Pet Health as Employee Stress Relief. The answer is in the question. Companies offering pet insurance have seen a reduction in healthcare spending for employees with pets. The biggest reason is stress relief and better quality of life for owners with pets compared to those without. Pet and employee health go hand-in-hand.

FAQ pet health insurance as an employee benefit

Should you offer pet insurance to your employees?

Research has shown that employees view their overall benefits package as important. As of 2017, only about 10% of employers offer pet insurance as a voluntary benefit — providing pet insurance can set your company apart as a leader. With pet insurance, your employees will know that their pets can get the best care possible.

Should you offer pet insurance as a voluntary benefit?

As of 2017, only about 10% of employers offer pet insurance as a voluntary benefit — providing pet insurance can set your company apart as a leader. With pet insurance, your employees will know that their pets can get the best care possible.

How many companies offer pet health insurance as a benefit?

According to the Society for Human Resource Management, nearly 9% of organizations reported offering pet health insurance as a voluntary benefit in 2016, representing a 5% increase from 2011.

Is pet insurance the fastest-growing employee benefits?

So, given the race to recruit Millennial talent lately, it makes sense that pet insurance is among the fastest-growing employee benefits. About 5,000 U.S. companies have started offering it, including Microsoft, T-Mobile, Levi-Strauss, Hewlett-Packard, Xerox, and Yahoo.

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