Always Make Voluntary Benefits an Option
Chances are you already offer basic healthcare and insurance plans to your employees, but if you aren't providing them with voluntary employee benefits, you could be causing them to miss out on important opportunities. When your employees feel they're missing out, it could mean you are as well. Check out these reasons to provide voluntary benefits options for your employees.
Your Employees Want Them
You might worry that providing voluntary benefits isn't a necessity and will cause you to spend more money, but your employees want to have the option to pick up more benefits. In fact, nearly 90% of employees view them as essential for creating a comprehensive benefits package. People who have the option to purchase "extra" benefits are often happier in their jobs and less likely to seek new employment.
They Are Cost-Effective
Voluntary employee benefits are good for the bottom line of both you and your employees. More than 40% of employers feel that providing the benefits allow them to create comprehensive and competitive plans for employees without raising their own costs too much, and 60% of employees feel they pay less when purchasing benefits through their jobs. What better way is there to save money for yourself and your employees at the same time?
Benefits Relieve Pressure
Employees want to know that their employers care about their financial well-being. When you provide voluntary benefits options for them, you show them that you care for them. This translates to more confidence in your abilities to be a good employer, and the lack of large, medical-related financial problems mean fewer distractions while they're at work.
Voluntary employee benefits might seem like you can take them or leave them, but you really can't. By providing a comprehensive list of services for your employees, you boost morale, improve focus, and create happier, healthier, and more productive employees.