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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. The post What are voluntary benefits?

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Managing Employee Healthcare Costs in 2021

Best Money Moves

Managing employee healthcare costs in 2021. What the average health insurance premium costs and changes employers are making to health benefits offerings in the new year. More than 40 percent of employees have deferred medical care because of financial concerns, according to research by Willis Tower Watson.

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Legal benefits for employees: Pros and cons of adding legal services

Higginbotham

Employers wishing to provide legal services as an employee benefit typically have two primary options: Standalone Legal Services Benefit: Legal insurance can be provided as a voluntary benefit, with employees covering the cost through payroll deductions.

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How Do You Make Open Enrollment Easier for Employees?

Best Money Moves

Making the process simpler so employees can find the right plan to help them manage healthcare costs. COVID-19 has been a wake-up call for the 49 percent of employees who plan on spending more time researching and selecting health insurance plans during open enrollment this year, according to research by Aflac. .

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What Will Happen to Employee Benefits in 2017?

Winston Benefits

In the benefits sphere, uncertainty over impending changes to health insurance laws makes it difficult to predict what’s coming, but experts are trying. The following articles offer a glimpse at what might change or continue to grow in the employer-sponsored benefits world in 2017.

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Best Employee Benefits in Financial Services

Winston Benefits

The financial industry might have a reputation of requiring long hours with little time off, but a closer look finds that there are plenty of employers who offer top-notch benefits.