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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.

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Workers’ compensation vs disability insurance

Higginbotham

When employees become ill or injured, they may be unable to work, but they still need an income. Workers’ compensation and disability insurance are two different types of programs that can provide benefits. What are workers’ compensation benefits? What are disability insurance benefits?

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Dental and Vision Benefits Are Inexpensive, and a Big Hit with Workers

InterWest Insurance Services

Employers nationwide are looking for ways to attract and retain talent and differentiate themselves from competing employers, and many are looking to the two most popular voluntary benefits: employee dental and vision plans. At 24% of employers, the worker pays 100% of the cost via a payroll deduction program.

Health 98
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What is ancillary health insurance?

Higginbotham

Ancillary benefits can also include benefits outside your medical insurance, such as dental, vision, life and disability insurance. Types of Ancillary Benefits. There are two main types of ancillary health insurance: voluntary benefits and employer contributory benefits.

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How to offer health insurance as a small business

Higginbotham

Employees don’t work for free. They want to be fairly compensated for their work, and that usually involves both wages and employee benefits. Although some small business owners may feel overwhelmed by the prospect of offering health insurance and other benefits, the many advantages can make the effort worthwhile.

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Voluntary Benefits Improve Employee Satisfaction and Retention

InterWest Insurance Services

Multiple studies have consistently shown that a robust set of employee benefits is a vital component of an overall compensation package. As a result, many employers are increasingly turning to voluntary employee benefits, which allow them to provide valued, high-demand benefits to employees at little or no cost to the company.

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Creative Billing Alternatives for Voluntary Benefits

Winston Benefits

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. Missed Deductions and Employee Payment Services. Need help reconciling invoices? Need help reconciling invoices?