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Voluntary Benefits Improve Employee Satisfaction and Retention

InterWest Insurance Services

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. Voluntary benefits have been becoming more popular among employers in recent years as unemployment falls.

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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. Why are some examples of voluntary benefits?

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

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How can voluntary benefits support employees in uncertain times?

Employee Benefits

Credit: Emerge / Shutterstock (1079190161) Employers should have an understanding of the issues their employees face in order to produce targeted and appreciated voluntary benefits strategies. So, what support can voluntary benefits offer in uncertain times?

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Cawleys uses voluntary benefits to motivate and support employees

Employee Benefits

Independent waste management business Cawleys has invested in a variety of voluntary benefits to create a working environment that inspires, motivates and supports its employees. Its voluntary benefits provision is supported by a wide range of employer-funded benefits, including reduced working hours for all staff by 2.5

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Making Your Voluntary Benefits Program a Success

InterWest Insurance Services

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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Voluntary benefits: A guide for your first-time enrollees

WEX Inc.

When it comes to navigating the world of employee benefits, there's a lot to take in, especially if you're a first-timer. Among the suite of benefits you’re likely to be offered, voluntary benefits are often misunderstood. Check out our other first-timer series blog posts on health plans and employee benefits.