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.

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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%.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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Employee Benefit News

OCTOBER 24, 2023

Supplemental options can set employees up to deal with expensive and unexpected issues.

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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?

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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

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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.

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Employee Benefit News

AUGUST 23, 2023

Following high inflation and rising healthcare costs, these plans represent an easy button for employers.

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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.

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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.

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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.

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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.

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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.

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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.

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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?

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Employee Benefit News

SEPTEMBER 14, 2022

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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.

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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?

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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.

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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?

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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?

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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.

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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.

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InterWest Insurance Services

MARCH 14, 2024

Because of this, employers have to be crafty in how they set up their benefits packages so that they address these various needs. But don’t fret, getting something that everyone likes into your package is not too expensive, particularly if you are offering voluntary benefits to which you may or may not contribute as an employer.

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Winston Benefits

AUGUST 30, 2016

As you know, the scope of employee benefits goes beyond health care and paid time off. Flexible work schedules in particular are gaining popularity, and any company that is interested in offering top-notch benefits should consider a workplace flexibility program.

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Winston Benefits

SEPTEMBER 2, 2021

I think my role as RFP … Continue reading "Employee Spotlight – Talking Voluntary Benefits and Industry Trends With Our RFP Manager/Underwriting & Benefits Analyst". Dona: Thanks, Katie, and I’m looking forward to many more years as teammates too!

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Corporate Synergies

NOVEMBER 15, 2021

Corporate Synergies discusses the value of using voluntary benefits to attract high-quality seasonal retail workers. The post The Secret to Attract Seasonal Talent appeared first on Corporate Synergies.

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Winston Benefits

AUGUST 9, 2016

This distraction and stress can affect productivity, so many employers are looking at financial wellness benefits to help employees manage their concerns. Even in a strong economy, financial concerns weigh heavily on employees’ minds.

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Employee Benefits

FEBRUARY 10, 2023

Something for the weekend: For those looking to make their pay stretch further, or use their voluntary benefits to the best advantage this Valentine’s Day, Kingston upon Hull has been revealed to be the most affordable UK city for a date night, according to research by Financial World.

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