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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. The post What are voluntary benefits?

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7 Employee Benefit Trends that are Set to Dominate in 2024

Empuls

From well-being to flexibility, continuous learning to personalized perks, let's understand the game-changing employee benefits trends that will take lead in the near future.   These benefits go beyond traditional offerings and allow employees to tailor their perks based on their individual lifestyles and priorities.

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Hub International

HR Lineup

Hub International is a global insurance brokerage and consulting firm that specializes in employee benefits, wellbeing and risk management solutions. The company’s employee benefits offering includes group medical, dental, vision, life and disability insurance, as well as employee wellness programs and voluntary benefits.

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Evolving with the Shifting World of Employment Benefits

HR Digest

Understanding employee benefits and being generous with the job perks are key components of retaining employees and companies that fail in this regard will start to see high turnover rates the moment the job market settles down. Image: Freepik Understanding Employee Benefits—What Do They Involve??

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3 major benefits challenges for HR and how to solve them

WEX Inc.

Finally, continuous support is essential throughout the year to ensure employees understand and optimize their benefits. But what incentives resonate most with employees? Voluntary benefits have been trending, offering employees greater control over their benefits package.

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Buyers’ guide to off-the-shelf voluntary benefits schemes

Employee Benefits

Credit: Achira22/Shutterstock What are off-the-shelf voluntary benefits packages? Voluntary benefits are additional benefits that employers can offer to their employees alongside their salary. In turn, this increases employee engagement. What are the cost implications?

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What to Look for in a Financial Wellness Program

Best Money Moves

Financial stress is one of the top motivators driving organizations to invest in financial wellness programs and 40 percent say that addressing financial stress is a top reason for increasing voluntary benefits, according to a new survey by Buck. . ” What to Look for in a Financial Wellness Program.