Employees have different needs and wants for benefits, and access to voluntary benefits allows them to choose the ones that they deem most important. Voluntary benefits are popular today because employees can choose products that complement thier company-sponsored core benefits and round out a benefit portfolio that suites thier individual needs. both traditional and non-traditional volutnary benefits are now standard inclusions in employee benefits packages.
Building a benefits package that offers plenty of choice for employees can be challenging. Today’s diverse workforce — spanning three generations from millennials to baby boomers -— look at work, life, money and finances in totally different ways. Matching voluntary benefits to the three generations in the workforce allows employees to customize their selection based on their wants and needs.
Read How voluntary benefits create loyal workforce online.