It continues to be a challenging business environment. Economic growth remains sluggish and many employers are cautious about hiring new workers or expanding employee benefits. At the same time, however, companies want to attract, motivate and retain productive employees. Offering voluntary employee benefits can accomplish these goals while addressing employers’ cost concerns and simultaneously improve employees’ financial wellness. They also provide an opportunity for you to differentiate your advisory service offerings and add value to your employer-client relationships.
Types of voluntary benefits