Voluntary benefits have gone mainstream in the last few years. And many employees say they are more likely to stay with their current employer primarily due to the voluntary benefits package offered, according to a recent Harris Poll on behalf of Purchasing Power. 

With benefit plans being a key tool in an employer's recruitment and retention strategies, voluntary benefits are popular because employees can choose products that complement their company-sponsored core benefits and round-out a benefit portfolio that suits their individual needs. 

 "Even though employees are paying for voluntary benefits, they consider them valuable offerings because they can choose what they want and customize their benefits package for their particular needs," Elizabeth Halkos, Purchasing Power's Chief Revenue Officer, explains.  

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.