In Poland, group life insurance is the number one benefit people care about. Individual life insurance is not common, and group life insurance is the only life cover they have. When asked to rank two other common benefits in order of importance, the average Polish employee will likely respond with: Medical and Retirement.
Don’t forget to try the vodka!
The aging population makes retirement planning very important, however, that is not the only reason that this issue is popular amongst employees. As a matter of fact, 75% of employees do not have a retirement plan in place!
Average Cost For Employer Sponsored Benefits
The average monthly cost for a typical benefits package is 150 Zloty per month.
Poland is booming and there is a so-called war for talent raging. So, make sure you get the message across to potential and current employees about your company’s employee benefits. Forty percent of employees say they would consider switching jobs for an improved benefits package.
Talent retention is one of the major issues in Poland. Also, Wellness is big with stress management at the top of that list.