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.

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PeopleKeep

FEBRUARY 6, 2023

Knowing which benefits are mandatory under federal and state law will ensure you aren’t penalized for not providing them. Additionally, understanding that offering voluntary benefits is important even though it isn’t required will help you stand out and remain competitive in a tough labor market.

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Employee Benefits

MAY 17, 2023

Energy provider ScottishPower and technology business Siemens have been shortlisted for Best voluntary benefits at the Employee Benefits Awards 2023. We wanted to do something that enhanced their benefits offering when things were quite a struggle for us as an organisation.

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InterWest Insurance Services

DECEMBER 28, 2021

Hospital indemnity coverage is generally offered as part of a voluntary benefits package, and often at little or no cost to the employer. We can help you customize your voluntary benefits package and coordinate it with your existing group medical offering. She’ll be fine. even for people with health insurance.

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Voluntary Benefits Hospitality Insurance Out of Pocket Cost 91

Assurance Agency

JUNE 25, 2023

Voluntary benefits such as accident, critical illness, and hospital indemnity have been around for decades. These benefits can offer a range of advantages for both employers and employees and have been an important component of an employer’s overall benefits package being offered to employees.

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Corporate Synergies

JUNE 21, 2021

A recent survey shows more employers offering popular voluntary benefits. The post Our Take: Popular Voluntary Benefits May no Longer be Optional appeared first on Corporate Synergies. We think it could help attract and retain top talent.

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Assurance Agency

JUNE 25, 2023

Voluntary benefits such as accident, critical illness, and hospital indemnity have been around for decades. These benefits can offer a range of advantages for both employers and employees and have been an important component of an employer’s overall benefits package being offered to employees.

Voluntary Benefits 40

Voluntary Benefits Hospitality Benefits Package Medical 40

Flimp Communications

AUGUST 28, 2020

General benefits literacy has long been lacking among America’s workforce. But so much of the focus of those efforts (understandably) goes to medical insurance benefits. However, this year could be the perfect opportunity to bring attention to certain, often-overlooked voluntary benefits. Critical Illness. ? ?

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Voluntary Benefits Hospitality Education Insurance 74

WEX Inc.

JANUARY 26, 2020

Value of Voluntary Benefits. Core benefits will always play an important role in an organization's benefits strategy - but as times change, the modern workforce expects - and demands - more.

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Voluntary Benefits Employment Consulting IT 52

Employee Benefits

OCTOBER 11, 2023

The organisation uses focus groups, anonymous feedback and regular pulse surveys to ensure that its benefits scheme applies to everyone. ” The organisation’s benefits offering is flexible and defined by three key themes: health, wealth and lifestyle.

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Voluntary Benefits IT Life Insurance Pension 105

Corporate Synergies

DECEMBER 10, 2018

Which voluntary benefit options are right for your employees? This 4-step voluntary benefits checkup will help you decide. As the cost of medical plans rises, employers are offering high-deductible health plans (HDHPs) and health savings accounts (HSAs) as part of their employee benefit plans. As Seen In.

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Voluntary Benefits Hospitality Health Savings Account Deductions 45

HR Digest

MAY 21, 2023

Introducing the employee benefits package to the employees 6. Create a plan to review the employee benefits package routinely Business Owner and Manager together can design employer benefits package as it is key to attracting and retaining top talent. Some top choices trending today include: 1. Matching 401(k) contributions 2.

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Benefits Package 401(k) Employee Benefits Disability Insurance 105

Winston Benefits

MAY 22, 2018

Examples of Voluntary Benefits in Action. Google’s benefits are anything but ordinary. But according to research by Mercer, 41 percent of employees are concerned that using flex time could negatively impact their opportunities for promotion and advancement. The company does not have a formal PTO policy.

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Employee Benefits

JULY 10, 2023

Low take-up rates do not always indicate a benefit is not popular: it may need an awareness or education campaign to boost engagement. Data enables organisations to take a more agile approach to benefits, adjusting what is available and how it is marketed as employee needs change.

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Technology Employment Voluntary Benefits IT 49

WEX Inc.

JANUARY 26, 2020

Core benefits will always play an important role in an organization's benefits strategy - but as times change, the modern workforce expects - and demands - more.

Voluntary Benefits 52

Voluntary Benefits Employee Retention Employment Consulting 52

Employee Benefits

MAY 2, 2024

One of the things I most like about our voluntary benefits platform is the education that comes with it. As well as providing information, these webinars remind employees of all the benefits we offer, increasing enrolment and improving engagement with the platform in general. As it is, I have missed the introduction.

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Voluntary Benefits Management Mining Education 59

Higginbotham

MAY 4, 2023

For example, a life insurance policy with a death benefit of $100,000 may seem significant, but it may not stretch far. Imagine a man earns $50,000 a year has a policy with a $100,000 death benefit. When he dies, his wife receives the $100,000 death benefit. When he dies, his wife receives the $100,000 death benefit.

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Employee Benefits

FEBRUARY 1, 2024

These include: The category for Best public sector benefits, which celebrates the steps a public sector organisation has taken to implement a successful benefits package or initiative for its employees.

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Employee Benefits Voluntary Benefits Benefits Package Medical 59

InterWest Insurance Services

FEBRUARY 20, 2024

Not offering supplementary benefits Employee behavior and lifestyle are significant factors in health status and can have a huge impact on the cost of health care. Other voluntary benefits like critical illness insurance can fill in the gaps when employees have a high deductible.

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Deductions Deductible Out of Pocket Cost Health Savings Account 88

WEX Inc.

SEPTEMBER 25, 2023

While much of the work in the last months has been focused on rate renewals and designing your benefit offerings, the focus must now shift to the open enrollment communication plan. Why don’t employees understand their benefits? Benefits can be complicated and for some the options overwhelming. It is not legal or tax advice.

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Employee Benefits

FEBRUARY 10, 2023

Something for the weekend: For those looking to make their pay stretch further, or use their voluntary benefits to the best advantage this Valentine’s Day, Kingston upon Hull has been revealed to be the most affordable UK city for a date night, according to research by Financial World.

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Voluntary Benefits Benefits Package Banking Finance 105

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.

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Winston Benefits

AUGUST 9, 2016

This distraction and stress can affect productivity, so many employers are looking at financial wellness benefits to help employees manage their concerns. Prudential describes it as “the next frontier” in wellness programs: more than 40 percent of companies say they have a financial wellness strategy in place or plan to introduce one.

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Voluntary Benefits Employment Management IT 45

Griffin Benefits

FEBRUARY 3, 2023

As businesses expand beyond their borders, it can be a significant management challenge to structure an employee benefits program. make it difficult to rescind benefits after they’ve been offered, making it essential to get it right the first time. For voluntary benefits, focus on the basics.

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Voluntary Benefits Employment Management Life Insurance 72

InterWest Insurance Services

JANUARY 17, 2023

Besides health insurance and a 401(k) plan, other benefits that employees value highly are generous paid time off and flexible or remote work, according to a new survey. “A multi-generational workforce is a huge benefit for companies,” said Liz Ahmed, executive vice president of People and Communications at Unum.

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HR Lineup

FEBRUARY 14, 2023

With a presence in North America, Europe, and Asia, Hub International offers a comprehensive suite of employee benefits solutions that can be tailored to meet the unique needs of your organization. In the realm of employee benefits, Hub International provides businesses with a range of insurance products to help protect their employees.

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Voluntary Benefits Disability Insurance Health Insurance 52

Winston Benefits

MARCH 3, 2016

Benefitfocus released its 2016 State of Employee Benefits study recently. This gap can often be covered with voluntary plans such as critical illness, hospital coverage or accident insurance, but if these options are not communicated correctly and in a timely manner to employees, they may not realize how well these plans fit together.

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Employee Benefits

FEBRUARY 15, 2024

The post UK Civil Aviation Authority recruits new director of people and culture appeared first on Employee Benefits. Aviation and aerospace regulator UK Civil Aviation Authority has appointed Lucy Robbins director of people and culture.

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Recruitment Voluntary Benefits Pension Employee Benefits 59

HR Professionals Magazine

JANUARY 3, 2024

For example, if you forecasted that a large segment of your population would elect a new voluntary benefit offering this year, but it wasn’t as popular as you had hoped, it would be helpful to understand the trend so that you can adjust your go-forward strategy for the remainder of the year. But don’t turn the page on 2023 just yet.

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Voluntary Benefits Benefits Package Education Healthcare 52

InterWest Insurance Services

JANUARY 18, 2024

Not offering supplementary benefits Employee behavior and lifestyle are significant factors in health status and can have a huge impact on the cost of health care. Other voluntary benefits like critical illness insurance can fill in the gaps when employees have a high deductible.

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Out of Pocket Cost Deductions Deductible Voluntary Benefits 59

CorpStrat

DECEMBER 3, 2021

It might be a little hard to build a great story and message through plain text but if you use videos and some cool graphics, you can really help employees understand what benefits are best for them and help them determine what programs compliment their family’s needs. Offer Voluntary Benefits. Be Bold & Vibrant.

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Voluntary Benefits 401(k) Benefits Package Deductions 98

Employee Benefits

MAY 6, 2024

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. One new trend in the off-the-shelf voluntary benefits space is health. What are the cost implications?

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Voluntary Benefits Benefits Package Net Pay Retail 59

Employee Benefits

MARCH 15, 2024

It is rare to find a combination such as Vivup and Perkbox where between us, we have products needed across voluntary benefits , wellbeing and recognition and reward, yet very little overlap in the areas in which we currently operate. The agreed transaction is subject to Financial Conduct Authority authorisation.

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Assurance Agency

NOVEMBER 23, 2021

In addition to flexible work options, it’s important for employers to ensure that their benefits are evolving to align with the current employee landscape. It’s no longer suitable to keep the same benefits year after year due to the major introduction of new employees in the workforce. Convenience.

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Employee Benefits

NOVEMBER 21, 2023

The organisation implemented the scheme in order to ensure its benefits reach every employee, especially those that need support the most. Pav Powar, reward and employee benefits consultant at Avison Young, said: “We understand why taking care of our employees is so important.

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Employee Benefits

AUGUST 30, 2023

Credit: MOZCO Mateusz Szymanski / Shutterstock.com International banking group Standard Chartered has enhanced its global parental leave benefits to allow working parents to undertake more equitable caregiving responsibilities. If we take a stand together, we can build a movement that creates a more inclusive society.”

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Parental Leave Voluntary Benefits Banking Life Insurance 59

Employee Benefits

OCTOBER 6, 2023

The majority (85%) of organisations plan to enhance their benefits packages for employees, according to research by HR and employee benefits consulting services firm Gallagher. Voluntary benefits such as bikes-for-work schemes have increased to 75% from 73% in 2022, while gym memberships rose to 45% from 34%.

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