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.

Voluntary Benefits 98

Voluntary Benefits Disability Insurance Life Insurance Insurance 98

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.

Voluntary Benefits 97

Voluntary Benefits Benefits Package Insurance Life Insurance 97

InterWest Insurance Services

DECEMBER 28, 2021

The worker can use this cash benefit for any purpose, including: Deductibles. But if you have an 80-20 plan, your worker is still responsible for her deductible (averaging over $1,600), plus 20% of that cost, or over $6,000. Employees pay part or all of the premiums via payroll deduction. Coinsurance. Transportation.

Voluntary Benefits 98

Voluntary Benefits Hospitality Insurance Out of Pocket Cost 98

Higginbotham

MAY 4, 2023

The Convenience of Payroll Deductions When supplemental life insurance is available through work, employees often pay for coverage using payroll deductions. Instead of having another bill to pay each month, they simply sign up to have the supplemental employee life insurance premiums deducted from their paychecks. Learn more.

Life Insurance 52

Life Insurance Benefits Package Insurance Employee Benefits 52

InterWest Insurance Services

JANUARY 17, 2023

But for the first time, the annual study by employee benefits provider Unum found that the younger generations are not on the same page with their older peers when it comes to what they value most in their benefits package. These are the top 15 non-insurance benefits for U.S. Student loan repayment benefits.

401(k) 98

401(k) Health Insurance Insurance Voluntary Benefits 98

InterWest Insurance Services

MARCH 22, 2022

One way you can give your staff more choice in the employee benefits they receive is to offer them a cafeteria plan, which allows them to put together a benefits package that works best for them. Employers fund these flexible benefit plans with funds that are deducted from their employees’ salaries on a pre-tax basis.

Flexible Spending Account 96

Flexible Spending Account 401(k) Flexible Spending Deductions 96

CorpStrat

AUGUST 11, 2022

Voluntary Benefits. Voluntary Benefits, commonly referred to as AFLAC, can help employees maintain their income by paying cash benefits directly to them. Employees can use these cash benefits to help cover rent, groceries, and other daily living expenses while they’re out of work.

Voluntary Benefits 52

Voluntary Benefits Employee Benefits Benefits Package Medical 52