In today’s competitive job market, offering medical benefits has become crucial for companies looking to attract and retain top talent, especially among younger employees. A growing number of job seekers, particularly millennials and Gen Z, are prioritizing jobs with health insurance or medical coverage as part of the benefits package.
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| Employees who feel secure in their healthcare coverage tend to be more productive and engaged at work. |
Attracting Young Talent with Medical Cards
Providing a medical card for employees is an excellent way for companies to show that they value their workforce’s well-being. This not only helps in attracting younger talent but also enhances overall employee satisfaction and loyalty. Employees who feel secure in their healthcare coverage tend to be more productive and engaged at work.
Tax Relief for Companies Offering Medical Benefits
In Malaysia, companies can also take advantage of tax relief by providing medical benefits to their employees. Offering group health insurance or medical coverage allows employers to reduce taxable income while also fostering a healthier, more motivated workforce. However, companies should consult with tax experts to confirm the eligibility for tax deductions related to medical benefits.
Consult with a Takaful Advisor for Tailored Medical Plans
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| Pn Sharia, a professional Corporate Takaful Advisor |
For employers seeking a seamless way to implement medical benefits, consulting with a professional, Pn. Sharia at 016-2266400, a registered Takaful Advisor, is highly recommended. She can help companies design and prepare Sharia-compliant employee medical plans that meet the needs of both employers and employees.