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Enhance Your Benefits Package for Pennies: The Power of Voluntary Benefits

CorpStrat

As open enrollment season approaches, most companies are looking to enhance their benefits packages without breaking the bank. Voluntary benefits offer an excellent solution, providing added value to employees, at little to no cost for employers. Ask your CorpStrat representative about voluntary benefits for your team.

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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%.

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Standard Chartered Bank and Lidl GB shortlisted for Best voluntary benefits

Employee Benefits

Standard Chartered Bank and supermarket chain Lidl GB have been shortlisted for Best voluntary benefits at the Employee Benefits Awards 2024. The post Standard Chartered Bank and Lidl GB shortlisted for Best voluntary benefits appeared first on Employee Benefits.

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Buyers’ guide to off-the-shelf voluntary benefits schemes

Employee Benefits

Credit: Achira22/Shutterstock What are off-the-shelf voluntary benefits packages? Voluntary benefits are additional benefits that employers can offer to their employees alongside their salary. One new trend in the off-the-shelf voluntary benefits space is health. What are the cost implications?

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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.

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Employees up North will see pay stretch furthest on date night this Valentine’s Day

Employee Benefits

Something for the weekend: For those looking to make their pay stretch further, or use their voluntary benefits to the best advantage this Valentine’s Day, Kingston upon Hull has been revealed to be the most affordable UK city for a date night, according to research by Financial World.

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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. Tuition reimbursement 4.