The COVID-19 pandemic has had a profound impact on the way people work and live. As many employees shifted to working remotely and spent more time at home, the bond between people and their pets has strengthened. Pets provide much-needed companionship and emotional support during challenging times. As a result, pet ownership has increased, with many people adopting or rescuing pets during the pandemic. This increased focus on pet ownership has made pet insurance an important benefit for employers to offer their employees.
Here are some reasons why employers should consider offering pet insurance to their employees:
1. Pet ownership is on the rise
As more people work from home, they are spending more time with their pets and are more likely to adopt or rescue animals. According to a recent survey, nearly 11 million households in the United States adopted a pet during the pandemic. With the rising number of pet owners, more employees are looking for ways to ensure their pets receive the best possible care. Offering pet insurance can be a great way for employers to support their employees and their furry friends.
2. Pet insurance is an attractive benefit
Offering pet insurance can be a great way for employers to differentiate themselves from their competitors and attract top talent. A recent survey found 62% of pet owners would be more likely to work for a company offering pet insurance. By offering this benefit, employers can demonstrate they are committed to supporting their employees’ overall well-being and recognize the importance of their furry family members.
3. Pet insurance can reduce employee stress
Pets are an important part of many employees’ lives, and when they become sick or injured, it can be incredibly stressful. By offering pet insurance, employers can help alleviate this stress and provide their employees with peace of mind. Knowing their pet’s medical expenses are covered can reduce employee stress and improve overall well-being.
4. Pet insurance can improve productivity
When employees are worried about their pets’ health, they may be less focused and productive at work. By offering pet insurance, employers can help alleviate this worry and improve employee productivity. When employees know their pets are well taken care of, they can focus on their work and be more productive.
Offering pet insurance to employees can be a valuable benefit, especially in the post-COVID world. As pet ownership continues to rise and the bond between people and their pets strengthens, employers can support their employees’ overall well-being by offering this important benefit. If you would like to include pet insurance in your benefits package contact IBT Consulting. We’ll help you find the best options for your employees and their furry family members.