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Expanding Your Benefits Offering
Voluntary benefits are services or products offered by employers to their workers, often at discounted rates, as a perk of employment. As the name implies, participation is optional, though many employees find voluntary benefits to be especially attractive, with 88% of employees view Voluntary Benefits as part of a comprehensive benefits package
No Direct Employer Cost
Voluntary benefits offer a unique advantage as they come with no direct cost to the employer. Employees can tailor their coverage to align with individual needs, fostering a flexible and cost-effective approach to enhancing their benefits package.
Retention & Recruitment
Acting as a passive tool for recruitment and retention, voluntary benefits become influential when employees share positive experiences within and beyond the organization. A notable 66% of employees at companies providing 11 or more benefits would enthusiastically recommend their employers as exceptional workplaces.
Voluntary Benefits Breakdown
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