In South Africa, providing adequate healthcare benefits for employees is crucial for small businesses to attract and retain talent. With numerous medical aid options available, selecting the right one can be overwhelming. However, by considering key factors and understanding the needs of your employees, you can make an informed decision that benefits both your business and your staff. How Medical Aid Affects Employee Satisfaction: Employee satisfaction often hinges on the benefits extended by an employer, with medical aid typically ranking among the most crucial offerings. A robust medical aid package not only demonstrates the employer's commitment to their staff's well-being but also fosters a sense of value and support, thereby enhancing job satisfaction. Moreover, such comprehensive medical aid plans provide employees with a sense of security, knowing that they and their families are safeguarded in times of illness or emergencies. This assurance alleviates concerns about healthcare expenses, allowing employees to concentrate fully on their work. Consequently, a workforce free from the burden of healthcare costs tends to be more focused, productive, and engaged, ultimately contributing to a motivated and high-performing team. The Role of Medical Aid in Employee Retention: Research indicates that employees are more inclined to stay with employers that provide comprehensive healthcare benefits. Retaining experienced staff not only mitigates the need for frequent recruitment, thus saving on associated costs, but also fosters a more stable and productive work environment. Here is a comprehensive guide to help you navigate the process of choosing medical aid for your small business in South Africa.
If you need advice and guidance and choosing an option for your workforce, please contact Lebogang in our Health department, email Service@daberistic.com, Tel 011-658 1333, option 2 for Medical Aid.
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Outsourcing investment management has become very popular among financial advisers for several reasons. Although the adoption of a DFM in your practice can significantly free up your time, add value to your clients and assist with the future growth of your business, partnering with the right DFM for your business is a crucial decision.What are the key elements to consider when choosing an investment partner for your business? Winter is around the corner and while it may give rise to cosy nights by the fireplace, it also brings its fair share of pitfalls which, if not adequately managed, can potentially lead to financial loss. Two of the most common threats that insurers highlight over the winter season are inclement weather activity, such as storms and flooding – particularly in the southern parts of the country, as well as electrical fires caused by heaters. Winter comes with an increased reliance on electric appliances to bring warmth to our homes, this too comes with a certain level of risk of fires. Both of these have the potential to damage assets, such as homes and vehicles, as well as other goods. Marius Kemp Head: Personal Underwriting at Santam says that prioritising the protection of your home and valuables against winter-related risks is essential. “Now is the time to assess your property's vulnerability and take steps to minimise the impact of seasonal changes. Making these updates and adjustments now can help prevent serious damage in the long run, which may set you back financially.” Kemp shares a comprehensive guide below offering proactive measures to safeguard homes and possessions against potential damage. To mitigate the risk of weather-related damage, Marius Kemp shares the below tips:
As we rely more on electric appliances during the winter months, the risk of residential fires increases. Kemp advises:
For all queries on your Shortterm policy contact Ruva: email service@daberistic.com, tel: (011)658-1333 What is Dental cover Dentistry Cover is a health insurance policy that is designed to assist individuals and families to fund the high cost of private dentistry. This innovative dental insurance pays a stated amount for your general dentistry, emergency, accidental and illness-related dental treatment costs. Zestlife options Comprehensive Cover: Provides funding for a comprehensive range of dentistry treatment costs. High-stated cover amounts* are provided to fund in part or whole, the actual costs of dentistry, emergency, accidental, illness-related and specialised dental treatment. Dental Cover is not a medical aid or a substitute for medical aid cover. It is a top-up health insurance policy that provides cover for fixed benefit amounts that arise when requiring dental treatment. Core Cover: Provides more affordable funding for frequently incurred dentistry treatment costs. This option pays lower stated cover amounts* to fund in part or whole, the actual costs of dentistry, emergency, accidental and illness-related dental treatment costs. Below is a summary of cover and please download the brochure for more information and to view all the policy terms and conditions. For our investors investing in Morningstar Managed Portfolios, click below to access the latest performance snapshot, market commentary and market performance summary:
Morningstar SA Managed Portfolios Morningstar Global Managed Portfolios (USD) Market Commentary - SA and Global Market Performance Summary - SA and Global The investment team at Morningstar has written previously about the local fixed income universe and the complexities of navigating the wide (and still growing) range of funds available to investors. Recent news about the potential default of loans provided to a taxi financing business, Bridge Taxi Finance, has again highlighted the care that needs to be taken in making fund selection choices in the South African fixed income universe. Do you have a Discovery bank account? You can appoint us as your personal banking advisor. We cannot view your bank account's confidential information, but you can share your Discovery Bank mobile app with us online or in person, and we can show you how to navigate the app better and understand its features.
We can assist you with: - Upgrading credit cards or banking packages - Understanding and improving your credit rating - Earning more Discovery Miles rewards - Better use of Discovery Miles for shopping - Opening a foreign currency account - Applying for a home loan (coming soon). If you do not have a Discovery bank account or credit card yet, we can also provide advice and help you open an account. If needed, please email us at service@daberistic.com or call 083-633-4671, 076-200-5488. |
AuthorKevin Yeh Archives
January 2025
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