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Voluntary Benefits Related Topics 
WEX Inc.
JULY 10, 2024
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?
WEX Inc.
OCTOBER 29, 2024
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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Employee Benefit News
OCTOBER 24, 2023
Supplemental options can set employees up to deal with expensive and unexpected issues.
Employee Benefit News
NOVEMBER 2, 2023
By capturing employee attention with popular benefits, employers can piggyback communication about the most valuable enhancements for their workforce.
Employee Benefit News
AUGUST 23, 2023
Following high inflation and rising healthcare costs, these plans represent an easy button for employers.
Employee Benefit News
SEPTEMBER 14, 2022
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International Foundation of Employee Benefit Plans
FEBRUARY 21, 2023
From traditional benefits like life insurance and vision care to trendier offerings such as insurance to cover pets or protect against identity theft, voluntary benefits can serve as a cost-effective. Read more > The post Employee Attraction and Retention Through Voluntary Benefits appeared first on Word on Benefits.
Employee Benefits
OCTOBER 25, 2023
Independent waste management business Cawleys has invested in a variety of voluntary benefits to create a working environment that inspires, motivates and supports its employees. Its voluntary benefits provision is supported by a wide range of employer-funded benefits, including reduced working hours for all staff by 2.5
WEX Inc.
AUGUST 23, 2023
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?
Employee Benefits
OCTOBER 25, 2023
Credit: Emerge / Shutterstock (1079190161) Employers should have an understanding of the issues their employees face in order to produce targeted and appreciated voluntary benefits strategies. So, what support can voluntary benefits offer in uncertain times?
InterWest Insurance Services
APRIL 20, 2023
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.
PeopleKeep
FEBRUARY 6, 2023
But some employers may not know that benefits fall into two categories: those required by law and those that are voluntary. Knowing which benefits are mandatory under federal and state law will ensure you aren’t penalized for not providing them.
Employee Benefits
OCTOBER 25, 2023
Wilson James, a professional services and skilled labour firm for the security, logistics, aviation and technology sectors, has embedded raising awareness of its voluntary benefits provision from the very start of its employees’ career journeys, and even during the recruitment process.
InterWest Insurance Services
JULY 18, 2024
Sales of voluntary group benefits grew at a record pace in 2023 as more employers expand their offerings and demand continues booming as employees seek out benefits that can defray costs, according to new research. Premiums collected for employer-sponsored voluntary benefits jumped 6.7% Accident insurance rose 4%.
CorpStrat
JULY 24, 2024
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.
WEX Inc.
OCTOBER 5, 2023
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.
Flimp Communications
AUGUST 28, 2020
However, this year could be the perfect opportunity to bring attention to certain, often-overlooked voluntary benefits. Employers planning to offer voluntary benefits like hospital indemnity coverage and EAPs grew significantly between March and June.
BerniePortal
MAY 20, 2022
Voluntary benefits have recently become one of the more sought-after employee benefits offerings. Now voluntary benefits are being more widely offered, but many employees who still claim to want them aren't signing up.
InterWest Insurance Services
DECEMBER 28, 2021
Hospital indemnity coverage is generally offered as part of a voluntary benefits package, and often at little or no cost to the employer. We can help you customize your voluntary benefits package and coordinate it with your existing group medical offering. even for people with health insurance.
Corporate Synergies
OCTOBER 8, 2019
These 6 trending voluntary benefits could reshape your core plan. The post 6 Trending Voluntary Benefits Your Employees Want appeared first on Corporate Synergies.
WEX Inc.
NOVEMBER 21, 2024
Personalized benefits packages allow employees to select benefits that align closely with their life stage, health needs, and financial priorities. Voluntary benefits Voluntary benefits are a powerful way to offer added value without a significant cost burden.
Corporate Synergies
MARCH 7, 2022
Even before the start of the COVID-19 pandemic last year, mental health and holistic wellness were some of the hottest topics in benefits. The post Boost your EAP with Voluntary Benefits appeared first on Corporate Synergies.
Corporate Synergies
DECEMBER 6, 2021
With regulatory changes still a ways away, voluntary benefits can help address the child care gap and keep working parents in the workforce. The post How Regulatory Change and Voluntary Benefits will Bridge the Child Care Gap appeared first on Corporate Synergies.
Employee Benefits
MAY 6, 2024
Credit: Achira22/Shutterstock What are off-the-shelf voluntary benefits packages? Voluntary benefits are additional benefits that employers can offer to their employees alongside their salary. One new trend in the off-the-shelf voluntary benefits space is health. What are the cost implications?
Employee Benefits
JUNE 7, 2024
Post Office has introduced new voluntary benefits to its reward, benefits and recognition platform following feedback from its employees. The new benefits include private medical insurance provided by Bupa, critical illness cover, dental insurance, a health cash plan, increased life assurance and a Tastecard. “We
InterWest Insurance Services
OCTOBER 31, 2024
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.
Corporate Synergies
JUNE 21, 2021
A recent survey shows more employers offering popular voluntary benefits. The post Our Take: Popular Voluntary Benefits May no Longer be Optional appeared first on Corporate Synergies. We think it could help attract and retain top talent.
Employee Benefits
MAY 22, 2024
Standard Chartered Bank and supermarket chain Lidl GB have been shortlisted for Best voluntary benefits at the Employee Benefits Awards 2024. The post Standard Chartered Bank and Lidl GB shortlisted for Best voluntary benefits appeared first on Employee Benefits.
Flimp Communications
DECEMBER 5, 2024
Your pre-open enrollment messaging might include topics such as: Changes to your company’s health plans for 2026 New options for voluntary benefits How to discuss healthcare needs with family members Assessing your healthcare usage Plan Your Year-Round HR Comms Strategy With a Free 12-Month Calendar Five months down, seven more to go.
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WEX Inc.
JANUARY 26, 2020
Value of Voluntary Benefits. Core benefits will always play an important role in an organization's benefits strategy - but as times change, the modern workforce expects - and demands - more.
Employee Benefits
MAY 17, 2023
Energy provider ScottishPower and technology business Siemens have been shortlisted for Best voluntary benefits at the Employee Benefits Awards 2023. The post ScottishPower and Siemens shortlisted for Best voluntary benefits appeared first on Employee Benefits.
Winston Benefits
NOVEMBER 15, 2017
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. And any of these improvements can result in increased participation and satisfaction from employees.
Winston Benefits
AUGUST 20, 2018
Voluntary benefits might give you the competitive advantage you need in a tight labor market. If you’ve decided to add these voluntary offerings, what do you need to know to successfully introduce them for the first time?
HR Lineup
FEBRUARY 14, 2023
With a presence in North America, Europe, and Asia, Hub International offers a comprehensive suite of employee benefits solutions that can be tailored to meet the unique needs of your organization. In the realm of employee benefits, Hub International provides businesses with a range of insurance products to help protect their employees.
Corporate Synergies
DECEMBER 10, 2018
Which voluntary benefit options are right for your employees? This 4-step voluntary benefits checkup will help you decide. As the cost of medical plans rises, employers are offering high-deductible health plans (HDHPs) and health savings accounts (HSAs) as part of their employee benefit plans. As Seen In.
Corporate Synergies
JULY 15, 2019
The multi-generational workforce is as common today as the cell phone, yet not all core employee benefits programs are designed to address different life stages. Maybe you’re getting inquiries from your employees about specific products and a voluntary benefits strategy tweak is in order. Where to begin?
Winston Benefits
JUNE 16, 2016
Voluntary benefits remain a popular choice among employees to protect income and maintain their physical health. Recent surveys suggest more employees are taking advantage of benefits when they are offered and the trend shows no signs of slowing.
Winston Benefits
JUNE 2, 2016
Sales of voluntary benefits continued to grow in 2015, according to a LIMRA survey. Businesses clearly are getting on board with the notion that benefits will aid retention and recruiting efforts, but are employees seeing value?
Achievers
FEBRUARY 2, 2021
The list of benefits in this category began fairly simply with things like dental insurance and life insurance options. Today, the list of voluntary benefits has grown significantly to include things like reward programs, unlimited vacation time, and flexible work schedules. Why are employee benefits important?
Winston Benefits
MAY 22, 2018
Examples of Voluntary Benefits in Action. But according to research by Mercer, 41 percent of employees are concerned that using flex time could negatively impact their opportunities for promotion and advancement. The company does not have a formal PTO policy.
Best Money Moves
NOVEMBER 4, 2020
Employers are focused on improving employee healthcare by adding virtual or telehealth offerings and including voluntary benefits in 2020, according to research by Mercer. More than 20 percent of employers plan to add voluntary benefits, such as critical illness insurance or a hospital indemnity plan.
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InterWest Insurance Services
OCTOBER 17, 2024
The main driver in workers prioritizing benefits is the rapidly rising cost of group health insurance premiums and out-of-pocket costs, according to the study by Voya Financial. 51% said that high health care costs were having a major or significant impact on their ability to save for retirement.
International Foundation of Employee Benefit Plans
DECEMBER 5, 2023
It’s open enrollment time, and your plan participants have questions about which health plan they should choose or whether a new voluntary benefit might be right for them. Your benefits staff is stretched thin trying to answer questions.
Higginbotham
NOVEMBER 12, 2024
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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