Why Voluntary Benefits
Why Voluntary Benefits?
One of the smartest decisions an employer can make is to offer a menu of voluntary benefits to their employees. In a nutshell, voluntary benefits expand your existing benefit package without expanding your benefit budget. Enhancing employee benefits with voluntary benefit packages makes sense for the following reasons:
- Payroll tax savings for the employer and employee when employees participate in Section 125 Plans
- Employees have greater protection from economic turmoil generated by accidents and unexpected medical costs
- Increased employee satisfaction and loyalty
- Decreased employee turnover
Humana has produced a short informative video that highlights the value of voluntary benefits for you and your employees in a fun, lighthearted way. To view the video, click the logo below.