As technology continues to improve every year, companiescan utilize these improvements to simplify benefit offerings.(Image: Shutterstock)
A new year, and new benefits! As 2020 is rapidly approaching, itis time that many employers decide if they would like to introducechanges to their company's benefits offering.
Brokers have the opportunity to further their clients' NewYear's resolutions by introducing voluntary benefits that can betailored to fit their employees' individual needs. Also, employerscan take advantage of the technological advances introduced in thelast year that could benefit their company and their employees.
Voluntary benefits
Expect to see employers introduce more voluntary benefits in thecoming year. A survey of large employers by Willis TowerWatson found that 69 percent of employers believe voluntarybenefits will be a very or more-important component of their totalrewards strategy in three to five years. Voluntary benefits tend tofall into four categories: health, wealth, security andpersonal.
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