The best 3500 you’ll ever spend on your employees

A provocative statement, maybe a bit hyperbolic, but it holds more truth grounded in research and data than just a marketing gimmick to sell a product or win an argument.

So what is this all about?

You should provide Health Insurance for your employees.

This is just one of the suite of benefits we are rolling out at Verifi over the next few months but this is one deserves additional attention. To most businesses owners you are probably thinking — increase operating expenses? No, increase investment in your people. Yes, we said it.

We are also business owners, and the nature of our work also lands us in the company of people like you quite frequently — fellow business owners. From that experience and our foray into a deeper understanding of salaries and their signals, we have found an obvious truth: your people make your company. Treating them right is not a moral imperative, it is an economic imperative. Turns out that caring for your people is one of the easiest ways to build a business. Returns, while often unquantifiable are undeniable — your bottom line is tied to the wellbeing of your people.

Some of what we have stated around benefits may be obvious, however, there is of course the whole side of creating a safe and open working environment, but focusing on benefits for now. We have spoken about salaries, the importance of paying well, paying consistently and paying on time. Now we are saying this — provide them with Health Insurance

Most plans start as low as N3500 a month and can cover up to N1.2m a year. Think about it — N3500 a month to buy your people the security of up to 1.2m, a year in health and peace of mind. Not a stretch to think that this will lead to a reduction in absenteeism, an increase in productivity, a reduction in churn and a happier team — a big burden of life removed so they can focus on the task at hand. Pouring their hearts into their work.

We built Pay by Verifi as entrepreneurs for entrepreneurs. The deepest intricacies of work and benefits are the boring subjects that interest us and today with almost N300 million processed, over 450 employers and about 2000 lives paid. Pay salaries, calculate taxes, pensions, and apply bonuses and deductions all with one click. We are proud to announce today that with that same click and N3500 per employee, you can strengthen your business by providing Health Insurance for your people so that they can focus on what you hired them for. Our Health Management Organization today is RelianceHMO. We are kindred spirits and they have some great plans.

So go ahead and sign up for Pay by Verifi, invite your staff, add your debit card and tweak your tax, pensions, deduction, insurance (all optional by the way) and you are good to go. We look forward to introducing more features that make life richer for you and those that help you build your businesses. If you will like to know more, please email us info@verifi.ng and we will call you or send one of our account executives to you.