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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 Improve Employee Satisfaction and Retention

InterWest Insurance Services

As a result, many employers are increasingly turning to voluntary employee benefits, which allow them to provide valued, high-demand benefits to employees at little or no cost to the company. Voluntary benefits have been becoming more popular among employers in recent years as unemployment falls.

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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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Enhance Your Benefits Package for Pennies: The Power of Voluntary Benefits

CorpStrat

As open enrollment season approaches, most companies are looking to enhance their benefits packages without breaking the bank. Voluntary benefits offer an excellent solution, providing added value to employees, at little to no cost for employers. Ask your CorpStrat representative about voluntary benefits for your team.

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Are Your Benefits Enough to See Employees Through a Crisis?

InterWest Insurance Services

A solution One solution is to offer voluntary benefits to workers. These include a menu of benefits, such as: Group life insurance Group disability insurance Long-term care insurance Critical illness coverage Often many of these benefits can be offered at little or no cost to the employer. To learn more, call us.

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Hospital Indemnity Insurance a Key Voluntary Benefit

InterWest Insurance Services

Hospital indemnity coverage is generally offered as part of a voluntary benefits package, and often at little or no cost to the employer. Employees pay part or all of the premiums via payroll deduction. We can help you customize your voluntary benefits package and coordinate it with your existing group medical offering.

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Creative Billing Alternatives for Voluntary Benefits

Winston Benefits

Handling payments for voluntary benefits can be a hassle. Finding an option that works for you can simplify things for employees while making your benefits administration process more efficient. Under this option, we perform the administration of multiple benefits from multiple carriers through a single payroll deduction slot.