Our specialized team at Walton has the experience, expertise, resources and insight to evaluate your specific needs and design a customized solution

Employee Benefits

Overview
Employees consistently rate benefits as one of the key factors in job satisfaction and so it is important for an employee benefits package to be attractive to both current and prospective employees. Employee benefits related to insurance are an added advantage to companies in the battle for talent. In Kenya, the awareness of the importance of these insurance benefits is slowly catching up and in the coming years is surely bound to influence a corporate’s ability to attract and retain highly qualified employees.
Employee Benefits Insurance can be broadly classified into
•    Group Health Insurance Benefits
•    Group Accidental Benefits
•    Life Insurance Benefits
•    Retirement Benefits

Our Service Proposition
Portfolio Analysis
•    Carryout an expert evaluation and assessment of your needs balancing HR's desire for extensive cover with concerns over premium spend
•    Comprehensive analysis of your current employee benefits insurance program to gauge competitiveness and cost-benefit
•    Conduct a review of prior claim and losses to identify trends & issues of potential concern
•    Funding Alternatives Analysis (to check other options like Self-Insurance).

Program Analysis
•    Carryout an expert evaluation and assessment of your needs balancing HR's desire for extensive cover with concerns over premium spend
•    To Optimize the benefits program in line with established benchmarks
•    Cost optimization through vendor relationship and volumes handled
•    Optimizing administrative time and workload
•    Optimizing communication

Plan Implementation & Support
•    Endorsement tracking & Monthly Data Reconciliation
•    Claims Advisory, Control and Management
•    Monthly report card followed by monthly review-benchmarking performance against SLA
Not everyone needs the same employee benefits. At different times of life, and in different family situations, different things are important. When creating or reviewing a benefit package, employers need to consider the demographics of their workforce and employees need to think about whether the benefits they have are the right ones for them.

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