Remove Disability Insurance Remove Employee Enrollments Remove Payroll
article thumbnail

Voluntary Benefits Improve Employee Satisfaction and Retention

InterWest Insurance Services

How voluntary benefits work Voluntary benefits are arranged by employers but either paid for by staff via payroll deduction or by the employers themselves. The employer deducts any fees or premiums for these benefits from employee paychecks and forwards them in a single batch to the benefit vendors. cancer insurance) Pet insurance.

article thumbnail

Worksite benefits: Hospital indemnity insurance and beyond

Higginbotham

Second, when you offer these options as voluntary benefits , employees cover the premium costs through payroll deductions. The ideal situation is to offer multiple voluntary benefit options and let workers decide which ones they want to enroll in. Many employees expect to have access to these benefits at work.