Get our daily e-newsletter, unlimited access to 2,500+ in-depth articles plus other exclusive benefits specifically for benefit brokers and advisers - Register Today
Commentary: Voluntary benefits used to be nice-to-have, now they are must-have benefits, says columnist Nelson Griswold. To sell voluntary to the client, dont ask, tell.
As interest increases in employers offering voluntary benefits, a particularly large number of employers are beginning to add a more robust range of voluntary benefits to improve morale of existing employees and attract new talent.
Voluntary benefits are increasingly seen by employers as an affordable way to fill gaps in benefit programs. According to legal solutions provider ARAG, four factors can play a critical role in the success of an employer's voluntary benefit participation.
For U.S.-based multinational companies, administering and communicating benefit plans in multiple countries each with its own regulatory regime and unique workplace culture is no simple task.
While online training and development courses may have a bad rap for being mundane, new strides are being taken to create more innovative and engaging programs with a focus on human achievement.
Employees arent shouting from the roof over how great their employer-sponsored benefits are. In fact, satisfaction is sitting at some of the lowest levels since 2008, according to new data released from Unum.
Commentary: Companies across America are scrambling to discover the secret formula for engaging the millennial generation with their benefits. Blogger Matt Burns unveils a few tips on how benefit advisers can help.
New data reveals only 46% of middle-market consumers have individual life insurance, and that more than three quarters of consumers age 25-64 say they would benefit from more close guidance from financial services professionals in adding that important voluntary benefit.
Millennials took a big financial hit during the recession, with wounds that are still fresh and unlikely to heal quickly, and a growing, under-utilized industry is hoping to build some new momentum.
Commentary: In this digital information age, its imperative to closely guard personal information. If you pay attention to the news, youre familiar with the concept of identity theft, the potential loss of financial information. However, theres a new emerging type of identity theft medical identity theft and it can literally kill you. Heres how your employees can protect themselves.
Sharla St. Rose, director of voluntary benefits at NFP Corporate Services, shares her passion for the product lines and why all brokers need to educate themselves on these benefits
Open enrollment season is a busy and important time of year for employers. Many employees are underinsured or unaware of the reasons they need life insurance. John West, director of product marketing at Standard Insurance Company, provides five focus areas for open enrollment meetings this year to ensure employees understand the need for the benefits and, ultimately, enroll in them.
Commentary: Blogger Rich Williams discusses how voluntary benefits can pay back big returns for your small employer clients in terms of employee retention and recruitment.
Commentary: Advisers are selling more voluntary benefits than in previous years, but as the number of employers considering these benefits in 2015 increases, ask yourself, are you prepared to sell these products and meet client needs?
The costs of complying with the Family and Medical Leave Act are already large enough, but small employers must be vigilant of huge legal costs associated with inappropriate terminations.