One of the best things that you can get when you are regularly employed with a good company is that the company gives you better benefits than when you are just a casual or contractual employee.
In our company for instance, we started to receive clothing allowance, rice allowance last year. These are in addition to the basic 13th month pay that we regularly receive yearly as mandated by law.
This year, talks have it that our company might provide Life Insurance benefit to all regular employees who have been with the company for at least 5 years. This is actually a very good benefit considering that some of sectors in our company are having a bit of high risk jobs because they are working outside of the office in the streets most of the time. In the unlikely event that something happens to an employee, the Life Insurance will be there to ensure that the surviving immediate family gets some financial aid and benefits.
Employees do have high hopes that the company will push this thru, especially now that the Administration Group and the Human Resource Group who are in-charge of this issue are now starting to ask for Life Insurance Quotes from different insurance companies. We all hope that before the end of the year, this plan will finally materialize.
A co-employee who used to work in Australia even commented that in there, their company even gives Funeral Insurance to all regular employees. I haven't yet heard of any local company here in our country, but if ours will offer one, then that will surely give all of us a great boost!
After all, we, the employees, are the lifeblood of the business.
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Wednesday, April 14, 2010
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over here it is actually more common to receive income protection insurance from your employer, particularly if you work full time. Luckily lots of us already have life insurance inside our retirement savings/superannuation.
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