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Workplace benefits are critical According to Guardian’s researchers, the middle-market population is overwhelmingly reliant on the quality and breadth of the benefits they receive at work — over and above cash compensation. Meanwhile, six in 10 have no life insurance in place outside of the workplace.
Lockton’s employee benefits offerings are designed to help companies attract and retain top talent by providing competitive compensation packages that meet the needs of both the employees and the organization. These offerings are customized to meet the unique needs of each organization and their employees.
Federal and state mandated benefits include health insurance, worker’s compensation, unemployment insurance, and required leave time for caring for family and/or personal medical purposes. Health insurance, and family and medical leave, are not required for all businesses. What are benefits that are voluntary?
These services could include: Plan Design and Customization: One of the core functions of a benefits broker is to help design and customize benefitsplans that fit the unique needs of an organization and its employees.
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. Health insurance 2. Pension or retirement savings plan 3. Dental or vision insurance 4.
According to Joblist, 67 percent of job seekers say that health care is the top employee benefit that job seekers care about, and 60 percent of workers who have health coverage say they are not satisfied with their plan. Beyond RetirementPlans: Financial Wellness and Student Loan Repayment. Mental Health Benefits.
Providing Hospital Indemnity Coverage (and More) as VoluntaryBenefits If you’re worried that offering all of these supplemental insurance options may be too expensive, there’s good news. First, these policies tend to be affordable, especially when compared to health insurance. However, education is key.
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