Why should your business offer voluntary benefits to employees?
Voluntary benefits are a great way to attract and retain talented employees. There are several reasons why voluntary plans are becoming more popular in today’s business world. Two of the most important reasons why these plans are popular include:
- No cost to the employer. Since these plans are voluntary, the employee pays for the benefits that they receive. If the employer wants to pay for some benefits, they have the option to do so.
- Employees get coverage without going through underwriting. Some employees may not be able to gain coverage elsewhere, so this can be a major benefit to certain employees and their family members.
Feel free to reach out to Garrett or Derek to learn more!