Tag: Voluntary Benefits

Reimagining the World of Work: Flexibility Overtakes the 9 to 5

According to a recent PwC survey, nearly two-thirds of workers are on the hunt for a new job. As the “Great Resignation” continues to evolve, employers need to pull out all the stops to attract top talent and retain their employees, and this includes prioritizing new and sought-after benefits. When looking for a new job, […]

Ask the Expert: Voluntary Benefits During Unpaid Leave

In our latest installment of Ask the Expert, brought to you by the team of industry experts at HR Hero®, we look at a recent question from a subscriber regarding the recommended management and payment of voluntary benefits for employees while they are out on unpaid leave. Q: How should employers handle voluntary benefits when employees are […]

Six Criteria for Evaluating a Self-Service Model for Voluntary Benefits

If you provide your employees with voluntary benefits, you’ve most likely considered offering them through face-to-face annual enrollment meetings or over the phone. While these enrollment methods may still be considered valid approaches, those traditional norms are changing. The pandemic has obviously impacted access to employees. In fact, a reported 50% of the workforce is […]

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Hey, HR, Your Employees Are (Finally) Interested in Their Voluntary Benefits

Typically, employees think about their benefits two times: when they are first hired and the day before benefits elections are due. This year, however, things are very different. According to recent research from Voya Financial, 71% of employees plan to spend more time reviewing their voluntary benefits this year compared with last. The reason for […]

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Voluntary Benefits Help Employees Fill the Healthcare Coverage Gap

In its inaugural “State of Employee Benefits 2016” report, Benefitfocus found companies are altering their healthcare plan design to shift greater financial responsibility to employees via voluntary benefits, driving the need for a different approach to healthcare consumption. These benefits can be powerful tools in helping cover the costs associated with consumer-driven health care, says […]

Voluntary Benefits: Low Cost, High Reward!

Voluntary benefits can have a very positive effect on recruiting and retention, and with little cost being shouldered by the employer. Steve L. Adams, an expert in the field of benefits and insurance, emphasizes that in order to reap the rewards of these offerings, you must be sure to implement them in a way that […]