Valentine’s Day is often associated with love and care, but for businesses, it’s a reminder to show appreciation for their most valuable asset: their employees.
On February 14, 2025, MaAtita & Partners hosted a webinar titled “An Executive’s Guide to Health & Life Insurance: Protecting Your People, Protecting Your Business.” The session explored how these benefits are no longer just HR perks—they’re strategic tools for driving retention, productivity, and long-term success.
The High Cost of Ignoring Employee Well-being
In today’s competitive talent market, companies face a stark reality: high turnover, rising recruitment costs, and declining productivity. The numbers don’t lie:
💸 Replacing an employee costs 6–9 months of their salary (Forbes). For a 100 million IDR/year role, that’s 50–75 million IDR lost—enough to fund health insurance for 100 employees or life insurance for 300 employees for a year.
📉 Stressed, uninsured teams cost businesses $300B globally in lost productivity (American Institute of Stress). In Indonesia, burnout rates have surged by 35% since 2022 (Ministry of Manpower).
🚪 Companies without strong benefits face 30% higher turnover (SHRM). For a 500-person company, that’s 150 employees walking out the door annually—along with their skills and institutional knowledge.
Employees today demand more than just a paycheck. A 2024 Gallup study found that 64% of Indonesian professionals rank “health and financial security benefits” as their top priority—outranking even salary increases. The pandemic exposed the fragility of health while rising living costs have amplified financial anxieties. Employees aren’t just working for a paycheck—they’re working to protect their families and futures.
The question isn’t whether you can afford to invest in these benefits.
It’s whether you can afford the cost of losing your best people.
Why Health and Life Insurance Are Non-Negotiable in 2025
Health and life insurance are often dismissed as “too expensive” or “HR’s responsibility,” but their impact extends far beyond compliance. Consider these insights:
🏥 Retention Revolution: Companies offering robust insurance programs report 30% lower turnover rates (SHRM).
📈 Productivity Unleashed: Employees with health coverage are 21% more productive (WHO), while those with life insurance report lower stress levels and higher focus.
🥇 Employer Branding Gold: In LinkedIn’s 2024 Global Talent Trends report, 78% of candidates said they’d choose a job with strong insurance benefits over a higher-paying role without them.
These benefits also address pressing societal challenges. For example, mental health coverage can reduce burnout-related attrition, while life insurance helps employees navigate personal crises without derailing their careers.
The ROI of Caring: Numbers That Matter
Beyond ethics, the business case for insurance is irrefutable:
💰 Companies with strong benefits programs see $6 saved for every $1 spent (Harvard Business Review), driven by lower turnover and higher productivity.
💪🏼 Forrester Research found that 52% of employees work harder for employers who invest in their well-being—a loyalty dividend no salary bump can match.
These metrics prove that compassion and profitability aren’t opposites. As the webinar emphasized, “The best retention strategy isn’t a signing bonus—it’s showing employees you’ll stand by them through life’s ups and downs.”
Designing Benefits That Work: A Blueprint for Leaders
Implementing insurance benefits isn’t about copying competitors’ plans. It’s about aligning offerings with your workforce’s unique needs. If you’re ready to explore how these benefits can transform your organization, start by:
1. Auditing Your Current Programs: Identify gaps in your benefits offerings.
2. Partnering for Flexibility: Work with partners with flexible & scalable plans.
3. Communicating Value: Show employees how their benefits protect them and their families.
Remember, the goal is to create a program that not only meets your employees’ needs but also aligns with your company’s strategic objectives.
“The best time to plant a tree was twenty years ago. The second best time is now.”
– Chinese Proverb
Now, it’s your turn to take action. 😉
✨ Let’s Talk: MaAtita & Partners offers free consultations to help you design a benefits strategy that aligns with your goals.
Book an appointment today: https://shorturl.at/XRepC and take the first step toward a more secure, productive workforce.
Cheers!