Types of Employee Benefits
Life / TPD
Lump Sum insurance cover which is paid in the event of death, terminal illness, or total and permanent disability.
Income Protection
Covers up to 75% of base salary (paid monthly).
Private Medical Insurance (PMI)
Group Private Medical Insurance, covering Hospital and Extras including dental, vision, physiotherapy and more.
Superannuation (Pension)
The employer is required to contribute 9.5% of an employee’s salary to an accredited superannuation plan.
Wellness Programs
Honan Wellness Hub offers various educational programs via numerous providers that support the health and wellbeing of employees through health checks, employee assistance programs, nutritional advice, rewards programs, gym membership and even massage services.
Employee Assistance Programs
Programs that provide your employees with access to counselling and advice.
Workers Compensation
A statutory requirement in all States of Australia which falls under Employee Benefits, along with Travel Insurance.
Employee Benefits mandated by law. Superannuation is the only legislated benefit in Australia. It is government regulated and mandatory for all Australian employers to contribute 9.5% of an employee’s salary to an accredited superannuation plan. You can learn more about superannuation in Australia and across the world on the Australian Government’s Moneysmart Website
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Contact us today to learn more about how we can help minimise your workplace risk.
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Disclaimer: Honan Financial Services Pty Ltd trading as Honan Financial Services Unit Trust is a Corporate Authorised Representative of Bombora Advice Pty Ltd ABN 40 156 250 565 AFSL 439065 Level 2, 406 Collins Street, Melbourne VIC 3000
