Employee Benefits Scheme
Employee Benefits Schemes
We’re delighted to share some exciting news with you. Maurice Trapp Group’s Employee Benefits division has now rebranded as Employee Lab. This marks a fresh chapter for us, with a continued focus on delivering exceptional value, support and innovation to New Zealand workplaces. While you’ll notice our new name, logo and look, you can rest assured that you’ll still receive the same dedicated service from our team. Explore our new home and meet our fantastic team at employeelab.co.nz.
Employee Benefits Scheme FAQs
What Is Included in an Employee Benefits Scheme?
Typically an Employee Benefit Scheme includes either Life, Trauma or Health insurance (or some combination of those). However, because Maurice Trapp Group offer a range of financial services, we can help your team with mortgages and retirement savings as well.
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We are one of only a few advice firms in New Zealand that has access to Schemes for as little as 5 employees. This means even smaller companies can offer their employees life or health insurance.
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As an employer, you want the best for your employees. You want to know that, if they get sick, they will have the best care. Not all employees can get life and health insurance by themselves. Providing an employee benefits scheme means when things take a turn for the worse, your employees get great care.
Oh, and it helps you retain your employees meaning less cost for staff replacement!
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The cost of the insurance is mostly affected by the age of your employees but if you factor in the savings of staff loyalty (ie; not having to replace staff as much), you find the cost is compelling.
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Just a simple email is fine. We regularly check in on our groups to make sure we have the most up-to-date information.
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Yes, employees can take their insurance with them however (obviously) they will have to begin paying for that insurance cover. In general, an exiting staff member must let us know within 90 days of leaving their employer if they want to retain their benefits.
*always check your individual employee benefits policy for the exact notification period.