Remove Benefits Package Remove Consulting Remove Health Remove Life Insurance
article thumbnail

Two-thirds of Small Firms Are Boosting Their Benefits Packages: Poll

InterWest Insurance Services

By enhancing benefits packages with an emphasis on physical, mental, financial and social well-being, employers can channel these concerns into action. Seven in 10 employees surveyed told MetLife researchers that a flexible, customizable benefits package would increase their loyalty to their employer. Dental insurance.

article thumbnail

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?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Voluntary benefits: A guide for your first-time enrollees

WEX Inc.

Voluntary benefits include a variety of options, all designed to enhance your overall well-being and provide financial security. Here are some prime examples: Supplemental life insurance : This benefit allows you to bolster your life insurance coverage, ensuring your loved ones are well taken care of in case of the unexpected.

article thumbnail

USI Employee Benefits

HR Lineup

USI is a leading insurance brokerage and consulting firm that specializes in employee benefits. The company offers a wide range of benefits solutions to help organizations of all sizes attract, retain, and engage their employees.

article thumbnail

How will the ‘Great Resignation’ change employees attitudes to employee benefits?

Employee Benefits

According to the Re:Me research, published in November 2021 by life insurance firm Metlife, 54% of employees are considering leaving their jobs in the next 18 months, while staffing platform Indeed Flex research, from October 2021, found 45% of HR directors are already facing hiring challenges. Importance of benefits.

article thumbnail

How to Design an Employee Benefits Program Effectively

Empuls

Employee benefits statistics to support why they are so important in 2023 Employee benefits are important for several reasons: They can help companies attract and retain top talent. In a competitive job market, prospective employees often consider the benefits package as a major factor in their decision to accept a job offer or not.

article thumbnail

How can employers ensure reward and benefits enhance the employee experience?

Employee Benefits

There’s been a mindset change with reward and benefits according to Eva Jesmiatka, director, rewards at Willis Towers Watson. Where it used to be acceptable to say this is the benefits package and simply match the market, employers are now much more likely to ask employees what they want,” she says. Benefit variety.