We believe that all companies and their employees, regardless of size should have access to the advantages of a comprehensive, market-leading employee benefits programme, at an affordable cost.
Optimise your employee benefits strategy
Benefits are more critical than ever in attracting and retaining talent. Our latest survey of Irish employers highlights a significant shift in priorities amid rising costs and intense competition for talent:
- 73% cite talent attraction and retention as the primary driver of their benefits strategy
- 61% are increasingly concerned about rising benefit costs — particularly in healthcare
Mental health, financial wellbeing, and overall employee experience have moved to the forefront
As outlined in our Global Benefits Attitudes Survey, benefits have become a more decisive factor in employment decisions, with a 50% increase in their importance since 2017, employers need solutions that are not only cost-effective but also aligned with evolving employee expectations.
Optimal Benefits offers employers a complete employee benefits package. We partner with leading providers in the market to bring you the right solution at the right price, to support you to attract and retain the best talent. Combined with WTW's strong local and global presence we deliver to our clients, more favourable terms and conditions from insurers and other vendors.
We have designed Optimal Benefits with the needs of small and medium-sized businesses to help manage benefit plans in a more efficient manner which will reduce costs and resource management.
Discover Optimal Benefits
With Optimal Benefits, you gain access to a comprehensive range of insurance solutions and relevant services. To make it easier for you to communicate with your employees, all benefits are integrated into our Embark digital communication platform. This gives your employees convenient access to the entire range of services, around the clock, on your PC or smartphone.
Optimal Benefits combines the most important solutions for the protection of your employees with additional benefits such as a digital health platform or advisory services, thus contributing to the safety, satisfaction and well-being of your employees.
Why Optimal Benefits?
WTW, a long-established leader in employee benefits advisory, leverages its extensive experience and expertise to create Optimal Benefits. Collaborating with our partners, we design solutions that uphold WTW's high standards of quality and service. These pre-designed solutions simplify the buying process for our clients, ensuring their employees have access to comprehensive benefits. Optimal Benefits offers enhanced terms and conditions usually only available to large organizations.
What is included in Optimal Benefits?
Optimal Benefits includes core employee benefits like health, life assurance, income protection, and is supplemented by a choice of ancillary products. You can use the products and services as a complete package or combine the desired components as required. This allows you to put together a tailor-made package of additional benefits that meets the requirements of your company and the wishes of your employees intelligently and efficiently.
The individual components at a glance:
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Private healthcare
Private Medical Insurance (PMI) is a vital element of any benefits package. PMI is a healthcare plan that provides individuals with access to private medical treatment. Policyholders typically get faster access to doctors, tests and treatments. They can also get care in private hospitals or clinics. PMI is popular among those seeking more control over their healthcare options, particularly in terms of waiting times and the quality of facilities.
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Financial protection
Financial protection benefits are offered by employers to provide financial support in the event of illness, injury, or death. They usually cover life insurance, income protection and critical illness. These policies are made to protect both employees and their families. These benefits aim to provide financial security, reduce workplace absenteeism and support employee wellbeing, while also enhancing an employer's ability to attract and retain talent.
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Financial wellbeing
Financial wellbeing benefits refer to a range of employee support programs offered by employers to help workers manage their finances, reduce financial stress, and improve their overall financial health. These include financial education, access to financial advice, salary sacrifice schemes, pension planning, debt management support and savings tools. By promoting financial wellbeing, employers help enhance employees' financial literacy and resilience, helping them make informed decisions about saving, investing, and planning for the future.
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Physical wellbeing
Physical wellbeing benefits are a range of employee health initiatives provided by employers to support the physical health and fitness of their workforce. Benefits typically include access to gym memberships, fitness classes, health screenings, ergonomic workplace equipment, and initiatives to promote a healthy work-life balance. Physical wellbeing benefits are designed to encourage healthy lifestyle choices, prevent long-term health issues and foster a more energetic and engaged workforce, ultimately contributing to both personal wellbeing and organizational success.
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Inclusive wellbeing
Inclusive wellbeing benefits are programs and initiatives designed to support the diverse needs of all employees, ensuring that everyone, regardless of background, identity, or ability, has access to resources that promote overall wellbeing. These benefits often encompass a wide range of support services, including family planning, gender specific health support and social wellbeing resources, tailored to be inclusive of different cultural, gender, and disability needs. By offering inclusive wellbeing benefits, employers aim to create a workplace where all employees feel valued, supported, and empowered to thrive both personally and professionally.
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Discover the full value of your employee benefits programme through our all-in-one benefits portal
Easily access information on all your employee benefits including healthcare, life insurance, income protection, and wellbeing supports, through our intuitive benefits portal. The portal signposts employees to services that promote physical, mental, and financial wellbeing, while also offering exclusive discounts and practical wellbeing tips. Fully compatible with both desktop and mobile devices, it’s designed to be user-friendly and accessible, helping you stay informed and make the most of your benefits anytime, anywhere.
How you can benefit from Optimal Benefits
An investment in Optimal Benefits is an investment in your employees and in the future of your company. Overall, you will benefit from these advantages:
- Cost effective: As part of the Optimal Benefits portfolio, we can provide access to enhanced terms and features at a lower cost
- Comprehensive cover: Enhancing cover levels and improved terms for your employees
- Competitiveness: In a tight labour market, the right benefits package is important to attract and retain employees who are crucial to their success
- Protection and support: Our package combines essential insurance with innovative solutions and tools and offers comprehensive support for your employees and your HR department
- Transparency: You always have a comprehensive overview of the benefits and costs of your insurance portfolio
- Stay current: With our additional services, you are up to date with the latest developments in the industry. Our analysis of market trends will help you make informed decisions about your benefits
- Wellbeing and productivity: With Optimal Benefits, your employees receive comprehensive support for all aspects of their well-being. This makes your employees healthier, happier and therefore more productive
Would you like more information about Optimal Benefits? Then simply fill out the form on the right, or below on a mobile device, and one of our team will contact you to talk through your needs.
