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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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Voluntary benefits: A guide for your first-time enrollees

WEX Inc.

When it comes to navigating the world of employee benefits, there's a lot to take in, especially if you're a first-timer. Among the suite of benefits you’re likely to be offered, voluntary benefits are often misunderstood. Check out our other first-timer series blog posts on health plans and employee benefits.

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Making Your Voluntary Benefits Program a Success

InterWest Insurance Services

Both employers and employees have much to gain from a solid voluntary benefits program. For employers, offering a range of voluntary insurance products can help increase employee satisfaction – along with loyalty and morale – and make the business more competitive in attracting and retaining the best talent.

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What is supplemental life insurance and how can it improve your employee benefits package?

Higginbotham

What is supplemental life insurance? It’s a type of life insurance policy that’s often available through work and provides additional coverage. What is supplemental life insurance? Supplemental life insurance fills in coverage gaps and provides additional life insurance coverage.

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Aster Group ensures its benefits align with employees’ needs

Employee Benefits

The organisation uses focus groups, anonymous feedback and regular pulse surveys to ensure that its benefits scheme applies to everyone. ” The organisation’s benefits offering is flexible and defined by three key themes: health, wealth and lifestyle.

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Importance of Employee Benefit Package And Why it Matters

HR Digest

Introducing the employee benefits package to the employees 6. Create a plan to review the employee benefits package routinely Business Owner and Manager together can design employer benefits package as it is key to attracting and retaining top talent. Health insurance 2. Dental or vision insurance 4.

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3 Things American Employers Need to Know About Managing Global Benefits

Griffin Benefits

As businesses expand beyond their borders, it can be a significant management challenge to structure an employee benefits program. make it difficult to rescind benefits after they’ve been offered, making it essential to get it right the first time. Private medical, dental, and life insurance averages less than $1,500 (U.S.)