Remove Banking Remove Life Insurance Remove Voluntary Benefits
article thumbnail

Voluntary Benefits Demand Surges as Employees Seek to Defray Costs

InterWest Insurance Services

Sales of voluntary group benefits grew at a record pace in 2023 as more employers expand their offerings and demand continues booming as employees seek out benefits that can defray costs, according to new research. Premiums collected for employer-sponsored voluntary benefits jumped 6.7% Accident insurance rose 4%.

article thumbnail

Holistic Wellness: 4 Benefits for a Better Plan

Best Money Moves

However, many employees feel their current benefits don’t meet their day-to-day needs, according to a 2024 Wellbeing and Voluntary Benefits Survey from HR consulting Firm Buck. Recent data from Bank of America reveals around 26% of U.S. Financial Wellness Financial stress is a significant burden for many employees.

401(k) 59
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Importance of Employee Benefit Package And Why it Matters

HR Digest

Health insurance Those benefits provide a baseline of employee expectations. Besides these core benefits, there are many perks and fringe benefits a company can offer to round out the benefits package. Child care benefits 6. Paid time off banks covering vacation and sick leave 8. Health insurance 2.

article thumbnail

Standard Chartered enhances global parental leave benefits

Employee Benefits

Credit: MOZCO Mateusz Szymanski / Shutterstock.com International banking group Standard Chartered has enhanced its global parental leave benefits to allow working parents to undertake more equitable caregiving responsibilities. If we take a stand together, we can build a movement that creates a more inclusive society.”

article thumbnail

Holistic Wellness: 4 Benefits for a Better Plan

Best Money Moves

However, many employees feel their current benefits don’t meet their day-to-day needs, according to a 2024 Wellbeing and Voluntary Benefits Survey from HR consulting Firm Buck. Recent data from Bank of America reveals around 26% of U.S. Financial Wellness Financial stress is a significant burden for many employees.

401(k) 52
article thumbnail

Employee Benefits in the UK: Unlocking the Perks of a Happy, Productive Workforce

Empuls

Cloud Nine and its industry-best employee benefit culture Cloud Nine is a hair and beauty brand that has adopted some of the best practices in the industry and has become one of the best places to work in 2023, according to the Sunday Times, because of its exclusive benefits.