Employers failing to keep an eye on eyecare costs

Research conducted by Specsavers Corporate Eyecare has revealed that many companies and organisations are paying over the odds and still failing to fully benefit from corporate eyecare provision.

The research took place among 223 heads of organisations, in both public and private sectors and showed that one-fifth (20%) of employers have no eyecare policy in place at all; an omission that could leave them open to extensive penalty.

Beyond this are the significant costsaving and value-adding opportunities that are being overlooked.

The often higher-priced option of reimbursing through expenses is still used by 42% of employers. Although a shrewd one-third (33%) of employers do purchase eyecare vouchers, they are not necessarily enjoying the full advantages. Some 60% are not aware of any of the additional benefits available with eyecare vouchers. Only 29% are aware of discount vouchers for money off glasses for employees and just 5% are aware of discounts for employees' families.

Find out more about the research on Stand 92.