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7.   C ONCLUSIONS Purple Cow   =  more  Employee Benefits  =   more  Financial Security
Wage scales in the Philippines cannot provide adequate  financial security,  and must rely on extra support; Employee Benefits  can provide that extra support, as most “emergencies”  are either life, accident or health-related.  The Sad Facts: 1 Employee Benefits = Financial Security Purple Cow  2011 Conclusions
Purple Cow  = MORE  Employee Benefits; MORE  Employee Benefits  =  MORE  Financial Security;  Purple Cow  = MORE  Financial Security. The Secret Formula: 2 MORE Employee Benefits = MORE Financial Security Purple Cow  2011 Conclusions
    anxiety depression state of emergency debt desperation A world  without  Financial Security: 3 LESS  financial security =  LESS  productivity Purple Cow  2011 Conclusions
security peace of mind happiness focus productivity A world  with  Financial Security: 4 MORE  financial security =  MORE  productivity Purple Cow  2011 Conclusions
5%   of salary  ( max !): that’s all you need for  Purple Cow.     The cost of  Purple Cow: 5 Why pay  MORE  for comp. if you can pay  LESS  for ben.? Purple Cow  2011 Conclusions
Treat  Purple Cow  as: an  investment  in financial security; a  Corporate Social Responsibility; a deductible  business expense. Our Recommendation: 6 Purple Cow  makes good business AND social sense Purple Cow  2011 Conclusions

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Purple cow employee benefits 2011 (conclusions)

  • 1. 7. C ONCLUSIONS Purple Cow = more Employee Benefits = more Financial Security
  • 2. Wage scales in the Philippines cannot provide adequate financial security, and must rely on extra support; Employee Benefits can provide that extra support, as most “emergencies” are either life, accident or health-related. The Sad Facts: 1 Employee Benefits = Financial Security Purple Cow 2011 Conclusions
  • 3. Purple Cow = MORE Employee Benefits; MORE Employee Benefits = MORE Financial Security; Purple Cow = MORE Financial Security. The Secret Formula: 2 MORE Employee Benefits = MORE Financial Security Purple Cow 2011 Conclusions
  • 4. anxiety depression state of emergency debt desperation A world without Financial Security: 3 LESS financial security = LESS productivity Purple Cow 2011 Conclusions
  • 5. security peace of mind happiness focus productivity A world with Financial Security: 4 MORE financial security = MORE productivity Purple Cow 2011 Conclusions
  • 6. 5% of salary ( max !): that’s all you need for Purple Cow.  The cost of Purple Cow: 5 Why pay MORE for comp. if you can pay LESS for ben.? Purple Cow 2011 Conclusions
  • 7. Treat Purple Cow as: an investment in financial security; a Corporate Social Responsibility; a deductible business expense. Our Recommendation: 6 Purple Cow makes good business AND social sense Purple Cow 2011 Conclusions