Why is a cadre employee benefit scheme advisable?
This type of insurance is geared to companies that do not have their own pension fund, but appreciate the advantages of cadre insurance. It enables them to enhance as required the occupational benefits of higher-paid management employees. A tailor-made cadre employee benefit scheme enables company owners to make up the pension shortfalls of their managers and enhance their loyalty to the company.
A cadre employee benefit scheme is the centrepiece of sustainable personnel policy. It ensures cadre members receive more generous occupational benefits to supplement their LOB minimum benefits. In this way, it is possible to provide this group of employees with bespoke insurance: special financing models can be agreed, for instance, and additional benefit components integrated in the cover to match the precise needs of a certain category of employees.