When it comes to employee benefits, it’s unlikely that your employees would say, “less is more.” However, with the rising cost of employee health insurance and other costs involved in recruiting and retaining staff, most organizations don’t have funds to add and cover extra benefits.
With voluntary employee benefits, you can offer your employees a number of extra benefits at no cost to your business. Here’s how it works:
- Your business agrees to offer voluntary benefit plans to employees.
- You work in collaboration with your employee benefits consultant to choose insurance companies that offer plans you think would appeal to your employees.
- Employees pay for their chosen benefits through payroll deduction, set up through your business and your benefits consultant.
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