A study from Aetna International shows that expats in key global markets are becoming more attentive to the inclusions in their employer benefits package.
Over 9 in 10 (92%) survey respondents felt that having an employer benefits package was more important now than pre-pandemic. Over a third of expats (36%) admitted valuing their benefits package more as a direct result of needing to use it during the Covid pandemic. That’s why there is a surge in demands of insurance such as www.taylorbenefitsinsurance.co
Furthermore, expats want to be confident that cover for Covid related illnesses are included in their employer healthcare package. And almost a quarter (23%) of respondents claim that this cover is the most important inclusion.
‘Covid has had a notable influence on people’s attitudes towards healthcare packages and their intrinsic value. Now might be an opportunity for employers to review their offer to ensure it meets the expectations of expat talent in a changing environment in time for when more international business hubs open up to travellers,’ commented Damian Lenihan, executive director operations & distribution Europe, Aetna International.
With greater workplace flexibility and emphasis on healthy lifestyles, 52% of expats surveyed felt that having more personalised benefits was more important to them than before. And an overwhelming 88% said they wanted the option to pick their inclusions, suggesting a desire for employment benefits to be more adaptable.
Counselling, fitness sessions, specialist massage therapy and life coaching proved the most popular add-ons respondents wanted the option to include as part of their personalised benefits. Likely given the cost, expats even claimed they might take a reduced salary to offset the expense if they were included in benefits packages.
Lenihan added:’For expats, the pandemic put into perspective the importance of individual healthcare and encouraged people to evaluate their situations. Personalisation is a growing trend, especially as populations become increasingly more diverse and international employers are looking to create more inclusive environments.
‘Greater choice and the ability to tailor healthcare options and well-being benefits might need to be considered in future to better manage the needs of differing individuals.’
Aetna International offers expats comprehensive insurance policies that can guarantee individuals access to quality healthcare providers across destinations worldwide.
Tommy Williamson did his degree in psychology at the University of Hertfordshire. He is interested in mental health, wellness, and lifestyle.