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Voluntary benefits: A guide for your first-time enrollees

WEX Inc.

Here are some prime examples: Supplemental life insurance : This benefit allows you to bolster your life insurance coverage, ensuring your loved ones are well taken care of in case of the unexpected. They can genuinely improve your quality of life. It’s a lifeline for pet owners.

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What does PEO stand for in HR?

HR Lineup

These services include HR consulting, payroll processing and tax filing, employees’ compensation insurance, safety, and risk management services, hiring across various jurisdictions, retirement vehicles, and more. Medical coverage, including dental and vision. Life insurance. Disability insurance.

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Fringe Benefits: A Guide to Understanding and Leveraging Employee Perks

HR Digest

Think medical, dental, and vision insurance, often supplemented by wellness programs like mental health support or fitness stipends. Partially Taxable: Group-term life insurance over $50,000, for instance, has a taxable portion based on IRS tables. Compliance is non-negotiable.

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USI Employee Benefits

HR Lineup

USI is a leading insurance brokerage and consulting firm that specializes in employee benefits. USI’s benefits offerings include a comprehensive suite of health insurance options, including medical, dental, and vision insurance.

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Voluntary benefits: A guide for your first-time enrollees

WEX Inc.

Here are some prime examples: Supplemental life insurance : This benefit allows you to bolster your life insurance coverage, ensuring your loved ones are well taken care of in case of the unexpected. Pet care peace of mind : Pet insurance means you never have to choose between your pet's health and your wallet.

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What are voluntary benefits?

WEX Inc.

Examples of voluntary benefits are: Supplemental life insurance Critical illness Pet insurance Voluntary benefits are additional perks that an employer can offer at a discounted group rate, with the employee either fully or partially paying for the benefits through a payroll deduction. Get the latest benefits trends!

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Voluntary Benefits Demand Surges as Employees Seek to Defray Costs

InterWest Insurance Services

billion, with all lines of coverage contributing to the growth, according to the Eastbridge Consulting Group’s annual “U.S. According to the report, in 2023: Group term life insurance premiums increased 10% from the 2022 level. Premiums collected for employer-sponsored voluntary benefits jumped 6.7%