Smart Benefits: Should You Go Voluntary?
Monday, January 08, 2018
- Identity Theft Protection: These policies safeguard employees from the financial losses associated with identity theft by reimbursing victims for the expenses of restoring their identity and repairing their credit.
- Critical Illness Coverage: The type of insurance pays out a lump-sum cash benefit to cover the costs associated with qualifying critical illnesses.
- Student Loan Repayment Programs: Under these programs, employers contribute to employees’ loan payments – often capped at a specified amount – to help them meet their obligations faster and reduce their stress.
- Pet Insurance: With pet insurance, employees pay a premium to get coverage for certain services, from preventative care to emergency care depending on the plan, to help reduce spending on expensive treatments and procedures.
And employees aren’t the only ones who benefit. By enriching their benefit offerings with voluntary options, employers can boost morale, engagement, and retention.
Related Articles
- Smart Benefits: Keep Workers Safe in Weather Emergencies
- Smart Benefits: Ready for Open Enrollment?
- Smart Benefits: Prepare for an I-9 Audit
- Smart Benefits: Will Student Loan Repayment be the Next Big Benefit?
- Smart Benefits: IRS Allowing 401(k) Loans for Hurricane Victims & Families
- Smart Benefits: New EEO-1 Report Now Due March 31, 2018
- Smart Benefits: Boost Employee Engagement with 5 Questions
- Smart Benefits: Pounds Up Means Upping Wellness
- Smart Benefits: Optimize Your COBRA Coverage
- Smart Benefits: Expanding Leave is … Expanding
- Smart Benefits: Small Businesses Beware of Proper Worker Classification
- Smart Benefits: Family Health Premiums Up 3% from Last Year, Survey Shows
- Smart Benefits: Brand Ambassadors Can Yield Big Results
- Smart Benefits: It’s Time to Review Your Harassment Prevention Policies
- Smart Benefits: Five Ways to Use FSA Funds—Before You Lose Them
- Smart Benefits: Extended OSHA Deadline for 2016 Injury, Illness Reports Less Than a Week Away
- Smart Benefits: Five HR Challenges for 2018
- Smart Benefits: Advance Form 5500 Available for 2017
- Smart Benefits: IRS Updates Guidance on Assessing 2015 Employer Penalties
- Smart Benefits: IRS Publishes Final ACA Forms for 2017
- Smart Benefits: Imputed Income for Group Term Life Insurance
- Smart Benefits: ACA Numbers to Know for 2018
- Smart Benefits: New Benefits & Retirement Plan Limits Set for 2018
- Smart Benefits: Affordable Care Act Open Enrollment - What You Need to Know
- Smart Benefits: Tips for a Healthy Workplace During Cold & Flu Season
Follow us on Pinterest Google + Facebook Twitter See It Read It