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What are voluntary benefits?

WEX Inc.

Examples of voluntary benefits are: Supplemental life insurance Critical illness Pet insurance Voluntary benefits are additional perks that an employer can offer at a discounted group rate, with the employee either fully or partially paying for the benefits through a payroll deduction.

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Investing in employee mental health benefits

Higginbotham

When it comes to employee well-being, physical health is only half of the equation. By investing in employee mental health benefits, companies can help their employees both personally and professionally while contributing to overall business goals.

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

InterWest Insurance Services

However, a number of other benefits are proving extremely popular — and many employees are considering these benefits “must haves,” and moving them to the top of the list when they consider their employers’ value proposition. Dental insurance. Life insurance. Accident insurance. Vision care.

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Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

Dental Insurance Employers pay for employees' dental care, including checkups and necessary upkeep. These checkups are separate from the overall health insurance. Disability Insurance The employer pays the worker's salary if the worker becomes disabled or cannot work.

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How Non-Medical and Niche Employee Benefits Promote Productivity

Flimp Communications

The main difference between perks and benefits is that benefits take care of basic needs and usually require a formal opt-in from employees. Some common non-medical benefits include, paid family leave, life insurance, short- and long-term disability insurance, commuter benefits programs and wellness programs.

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How to Design an Employee Benefits Program Effectively

Empuls

Offering comprehensive employee benefits can improve employee morale and job satisfaction, leading to higher productivity and lower turnover rates. Certain benefits like health insurance can promote employee wellness and reduce absenteeism, which can be beneficial for both the employee and the company.

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15 Types Of Employee Benefits That Won’t Break The Bank

Vantage Circle

This reinstates the belief that you actually care about the mental health of your employees and not simply preach about it. It also aids your company in swerving off disasters that might be bought along from a distracted grieving employee. Companies which highly prioritize employee wellness knows the benefits of napping.