How to Determine Which Voluntary Benefits to Offer

You know voluntary benefits can help boost employee satisfaction, but where should you start? Ensuring you offer the right kind of voluntary benefits will help you get the most out of the entire benefits package. These tips will put you on the path to offering voluntary benefits your employees will take advantage of — and value. Identify Gaps One of the main purposes of voluntary benefits is to provide coverage where core benefits fall short. This is seen most often in health benefits, with voluntary benefits covering costs that core benefits don’t or adding onto coverage. If you look into voluntary health benefits, ensure they fill gaps, says Darren Ambler, managing director at Insight Insurance Agency. “It is very important that employers offer voluntary benefits that complement existing programs so that no overlap occurs.” Duplication can result in offsetting benefits as opposed to enhancing them. Work With Your Vendor Your …

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