Remove Disability Insurance Remove Taxes Remove Voluntary Benefits
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5 voluntary benefits plan design tips

WEX Inc.

Did you know employers can enhance their benefits offerings by incorporating voluntary benefits? But what exactly are voluntary benefits, and how can employers design an effective plan? And don’t forget to check out our Benefits Buzz podcast episode below. What are voluntary benefits?

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Are Your Benefits Enough to See Employees Through a Crisis?

InterWest Insurance Services

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.

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What are voluntary benefits?

WEX Inc.

Voluntary benefits give employees the opportunity to further customize their benefits package to meet their personal needs. And they serve as an excellent cost-effective recruitment and retention tool for employers as they look for ways to improve their benefits offerings. Why are some examples of voluntary benefits?

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Workers’ compensation vs disability insurance

Higginbotham

Workers’ compensation and disability insurance are two different types of programs that can provide benefits. Learn about the differences between workers’ compensation vs disability insurance and why your workers may need access to both. What are workers’ compensation benefits?

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Importance of Employee Benefit Package And Why it Matters

HR Digest

The mandatory benefits form the foundation of all employee benefit packages. Payroll taxes 2. 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.

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What is ancillary health insurance?

Higginbotham

Ancillary benefits can also include benefits outside your medical insurance, such as dental, vision, life and disability insurance. Types of Ancillary Benefits. There are two main types of ancillary health insurance: voluntary benefits and employer contributory benefits.

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How to offer health insurance as a small business

Higginbotham

However, employee recruitment and retention aren’t the only reasons to offer health insurance. Although it may seem easier to boost wages and forget about employee benefits, due to potential tax breaks, offering health insurance can be a financially sound strategy. A SHOP-registered insurance agent can help you enroll.