Why offer Voluntary Benefits?
The latest trend in employee benefit packages are Voluntary Benefits. Research shows this isn’t just a fad or sales tactic but something your employees are actually searching for and need help through the decision process.
Voluntary Benefits are just that….voluntary. As an employer you offer to make deductions on a pre-tax basis through your Section 125 plan and help employees access deep discounts and underwriting efficiencies through the group market. However the actual premiums are at the employee level so the cost to the employer is $0. In fact through the Section 125 there are employer matching savings, and your employees will be grateful you helped make the process convenient.