2015 voluntary benefits outlook: More growth
Employers need to deliver an effective communications strategy that speaks to the value of the benefits being offered.
Over 8 in 10 small biz employees want voluntary benefits
Nearly 6 in 10 small-business workers say they're likely to accept jobs with slightly lower compensation but better benefits.
Employers not satisfied with voluntary participation
Communication is key to increasing benefits participation, study finds.
Increased demand for voluntary products anticipated
Employers, employees and brokers all agree on the value and cost effectiveness of voluntary benefits.
Most employees will likely purchase a voluntary product
Employees consider price, need and fear of inadequate coverage as most important when purchasing voluntary products.
Voluntary sales up 9% last year
Voluntary benefits totaled $4.3 billion in 2013, according to new LIMRA data.
Millennials need education about voluntary benefits
Millennials can be left in the dark when it comes to the growing use of voluntary benefits.
Voluntary product sales expected to rise
An overwhelming majority of respondents believe that sales of voluntary products will increase in the next 12 months.
Connecting with Millennials about voluntary
With health care reform forcing HR to navigate so many changes, many are thinking critically about how to stay in the black while still providing quality employee benefits.
5 keys for successful participation in voluntary benefits
Life insurance ownership is down in the U.S., particularly in the middle market. Voluntary can be a way to help turn that around.